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Tag: Ozone Urbana

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2 weeks ago

Ozone Urbana promoter arrested in ₹927-crore homebuyers’ fraud case

Bengaluru: The Directorate of Enforcement (ED) has arrested S. Vasudevan, CMD and promoter of Ozone Urbana Infra Developers Pvt Ltd, in connection with a money laundering case involving alleged fraud of ₹927.22 crore against homebuyers. Vasudevan was arrested on September 30 under Section 19 of the Prevention of Money Laundering Act (PMLA), 2002. He was…

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