Finally some big action on one of these real estate fraud cases . The Enforcement Directorate has arrested four top officials of Earth Infrastructures Ltd,and the numbers involved are just staggering .
And we are talking about fraud of ₹2,004 crore . It’s not small thing ah. The arrested people are Avdhesh Kumar Goel,Rajnish Mittal,Atul Gupta,and Vikas Gupta,all promoters and directors of company. Arrests were made on June 1,2026 .
This whole thing started because of multiple FIRs filed by Economic Offences Wing of Delhi Police . So many people had complained. Apparently,the company took money from over 19,425 homebuyers promising them flats and commercial units.
But what happened next is same old story we hear again and again. Projects were either never finished or possession was just never given. All that money from hardworking people,just gone .
And honestly,this is where things get really upsetting. The ED found that huge funds were just siphoned off. They say around ₹467 crore was diverted to other group companies and used for personal gain. They allegedly used this money to buy assets for themselves .
Few things standing out clearly in this case:
- Fraud amounting to ₹2,004 crore—collected from homebuyers under false pretenses.
- Investigation initiated by EOW—based on multiple complaints from defrauded investors.
- Substantial funds misappropriated—approximately ₹467 crore diverted to unrelated entities .
And it seems ED has been on this case for some time . Back in April 2026,they conducted searches at different places linked to Earth Group in Delhi-NCR.
And what they found is just shocking . Cash worth ₹6.30 crore,jewellery valued at ₹8.78 crore,and papers for more than 100 properties worth over ₹100 crore. All this while thousands of families were waiting for their homes.
Now the four arrested officials are in ED custody for five days . They will be questioned further.
But tbh,you have to wonder what happens to 19,000+ homebuyers now . Will they ever get their money back,or is it just lost in this complicated web of companies and assets…
