Two SRS Group Promoters Declared Fugitive Economic Offenders in Rs 2,200 Crore Fraud Case

A special court in Gurugram declared two SRS Group promoters, Sunil Jindal and Jitender Kumar Garg, as fugitive economic offenders under the Fugitive Economic Offenders Act for allegedly defrauding investors and homebuyers of around Rs 2,200 crore. Co-founder Praveen Kumar Kapoor was deported from the US to India based on an Interpol Red Notice. The Enforcement Directorate's probe involves 81 FIRs by Delhi and Haryana police and the CBI, with assets worth over Rs 2,200 crore provisionally attached.