Money laundering case: ED arrests Ozone Urbana CMD for cheating homebuyers of over ₹927 crore
India's Enforcement Directorate has detained the chief managing director of Ozone Urbana after alleging a large-scale fraud that duped homebuyers of more than ₹927 crore. Authorities say the scheme involved misrepresenting project details and diverting funds, leaving thousands of investors at risk. The arrest follows a broader crackdown on financial crimes in the real‑estate sector.