Archive · 19 Nov 2025
Ex-Jaypee MD, Real Estate Promoter Arrested in Fraud Cases
Two men, Manoj Gaur and Amit Katyal, were arrested for cheating people who bought homes from their companies.
Gaur's company, Jaypee Infratech, took money from people but didn't build their homes.
Instead, they used the money for other things.
Katyal's company, Angle Infrastructure, took money for homes that were never built.
Both men are in jail while the police investigate their cases.
Manoj Gaur, former MD of Jaypee Infratech, sent to 14 days' judicial custody
Arrested for Rs 14,599 crore fraud involving homebuyers
ED alleges funds were diverted for purposes other than construction
Amit Katyal, promoter of Angle Infrastructure, arrested in Rs 300 crore Gurugram fraud case
ED alleges fraudulent bookings and fund diversions in Gurugram project
- Who
- Manoj Gaur (Jaypee Infratech) and Amit Katyal (Angle Infrastructure)
- What
- Arrested for fraud involving homebuyers
- When
- November 13, 2022 (Gaur) and November 16, 2022 (Katyal)
- Where
- Delhi and surrounding areas (Noida, Ghaziabad, Mumbai) and Gurugram
- Why
- Alleged fraud and misuse of funds from homebuyers
Homebuyers' Perspective
Companies' Perspective
Use of funds
Homebuyers' Perspective
Funds were not used for construction
Companies' Perspective
Alleged misuse of funds
- Total funds collected (Jaypee)
- Over Rs 33,000 crore
- Total funds collected (Angle)
- Over Rs 300 crore
- Projects involved (Jaypee)
- Jaypee Wishtown and Jaypee Greens
- Projects involved (Angle)
- Krrish Florence Estate and others
- Agency involved
- Enforcement Directorate (ED)
Sources
Delhi Court Sends Ex-Jaypee Infratech MD to 14 Days in Judicial Custody
Delhi court sends ex-Jaypee Infratech MD Manoj Gaur to 14-day judicial custody in money laundering case
Rs 14,599 cr fraud case: Former Jaypee Infratech MD Manoj Gaur sent to 14 day judicial custody as ED probe intensifies
ED Arrests Lalu Prasad Family Aide in Real Estate Fraud Case
ED arrests Lalu Prasad family 'aide' in real estate fraud case
ED arrests alleged close associate of Lalu Prasad's family in real estate fraud case
ED arrests real estate promoter in ₹300 crore Gurugram fraud case
ED files chargesheet against ex-MUDA commissioner