ED Attaches Fresh Assets Worth ₹59 Crore of IREO and Others in Money Laundering Probe

The Enforcement Directorate (ED) has attached fresh assets worth approximately ₹59 crore belonging to real estate company IREO and associates as part of an ongoing money laundering investigation. The agency alleges that the company and its promoters defrauded homebuyers by promising to deliver flats, plots, and commercial spaces but failed to fulfill these commitments or refund the buyers’ money.

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