The ED’s investigation is based on five cases registered by the Economic Offences Wing of the Delhi Police against Earth Infrastructures Ltd., its directors, and related entities. File.
| Photo Credit: PTI
The Enforcement Directorate (ED) has arrested the promoters of Earth Infrastructures Limited in an alleged home buyer fraud case. They have been identified as Avdhesh Kumar Goel, Rajnish Mittal, Atul Gupta, and Vikas Gupta. The agency produced them before a special court in Delhi and secured their custody for five days.
The ED’s investigation is based on five cases registered by the Economic Offences Wing of the Delhi Police against Earth Infrastructures Ltd., its directors, and related entities. Later, the Serious Fraud Investigation Office also filed a criminal complaint.
As alleged, the group collected about ₹2,004 crore from more than 19,425 home buyers and investors by promising timely delivery of residential/commercial units of real estate, and assured returns. However, nearly ₹467 crore was allegedly diverted and siphoned off through various group entities, and related concerns and persons.
“Despite receipt of substantial funds from the buyers/investors, the projects were either left incomplete or possession of units was not handed over, thereby causing wrongful loss to the home buyers and investors,” it alleged.
The proceeds of the alleged crime were used for acquiring assets in the names of various entities and individuals connected with the promoters/directors of the group.
Earlier, the ED had conducted searches in April 2026 at various locations linked to the Earth Group situated in and around Delhi. It seized ₹6.30 crore in cash, jewellery worth about ₹8.78 crore, and documents related to over 100 immovable properties with an estimated value exceeding ₹100 crore.
Published – June 02, 2026 04:48 pm IST
