Jaypee Group firm Jaypee Infratech has already been acquired by Mumbai-based Suraksha Group. (Representative image. Source: Jaypee Infratech website) Show Quick Read Summary is AI Generated. Newsroom Reviewed

The Enforcement Directorate has arrested Greater Noida builders, Jaypee Infratech’s managing director Manoj Gaur on Thursday in cheating case involving homebuyers, sources told NDTV Profit.

According to sources the arrest was linked to alleged Rs 12,000-crore money-laundering and fraud case.

The ED had searched 15 locations linked to Jaypee Infratech Ltd., Jayprakash Associates Ltd. and their associated entities in May, and seized cash amounting to over Rs 1.7 crore.

During the searches, financial documents and digital data, along with property documents in the names of promo

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