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

A special court in Gurugram has declared SRS Group promoters Jitender Kumar Garg and Sunil Jindal as Fugitive Economic Offenders under the Fugitive Economic Offenders Act, 2018, following their failure to appear despite summons. The Enforcement Directorate (ED) initiated proceedings after investigations into a Rs 2,200 crore fraud involving investor and bank cheating. Assets worth over Rs 2,215 crore linked to the case have been attached. Another director, Praveen Kumar Kapoor, was deported to India after being sought via Interpol.