Praveen Kumar Kapoor, the co-founder and promoter of a real estate firm in India, has been deported from the United States in connection with a Rs 2,200 crore scam, after a Red Corner Notice was issued by Interpol at the behest of the Directorate of Enforcement (ED).

According to an ED statement, Kapoor was denied entry at Newark International Airport, US and his B1/B2 visa was cancelled by American authorities after the Interpol issued a Red Corner Notice against him at the behest of the agency’s Gurugram Zonal Office.

Kapoor, the co-founder and promoter of SRS group, a realty firm, has been accused of cheating more than Rs 2,200 crore from investors and banks. He was deported back to New Delhi on November 2 and was intercepted on the basis of a Lookout Circular (LOC) issued by the ED.

See Full Page