Jaypee Group Chairman Manoj Gaur Arrested: Rs 14,599 Crore Homebuyers' Funds Allegedly Diverted

Overview

Jaypee Group Chairman Manoj Gaur has been arrested by the Enforcement Directorate (ED) for allegedly diverting INR 14,599 crore belonging to homebuyers. The 61-year-old scion was taken into five-day custody following the arrest on November 13, highlighting ongoing financial distress within the Jaypee Group.