The Enforcement Directorate has filed a chargesheet against Lalit Goyal, the vice-chairman-cum-managing director of IREO Group of companies, and others for allegedly diverting about ₹.1,225 crore collected from customers of real estate projects in Haryana and Punjab.
The agency's money laundering probe is based on more than 30 cases registered in Delhi, Haryana and Punjab.
It is alleged that over 1,050 home buyers and investors of projects, including IREO Fiveriver, The Corridors, IREO City, Gurgaon Hills in Haryana and IREO Waterfront Township in Punjab, had made advance payments. However, none of them have received their booked flats or plots in the past five years.
