T
he Enforcement Directorate in Mumbai has seized assets worth ₹19.61 crore as part of a money laundering investigation into Karrm Developers, which is being probed for financial misconduct in housing projects targeting lower-middle-class families. The seized assets include both movable and immovable properties.
Karrm Infrastructure's Mission 360 initiative had promised affordable housing to thousands of buyers, but authorities claim the company misled customers by using fake documents to secure investments. This alleged fraud caused significant financial losses for innocent buyers who invested their savings in these projects.
The case has regained attention with the ED's latest action, and affected homebuyers are now demanding stricter action against those responsible. They hope to recover their losses through the attached properties.
Meanwhile, Bollywood actor Vivek Oberoi remains focused on his film career despite ongoing legal issues related to Karrm Developers. He recently praised L2: Empuraan, a Mohanlal-starrer sequel currently in theaters, and expressed gratitude for being part of the Lucifer universe.
