₹2,004-crore homebuyer fraud: ED arrests 4 promoters for duping over 19,000 buyers

₹2,004-crore homebuyer fraud: ED arrests 4 promoters for duping over 19,000 buyers

ED arrests 4 Earth promoters in ₹2,004-crore fraud hitting 19,425 homebuyers; ₹467 crore diverted through entities. Underscores governance risks in capital-intensive sectors; regulatory escalation on fund diversion signals tighter compliance scrutiny ahead.