Hyderabad:
The Enforcement Directorate has seized a private jet haker 800A (N935H) at the Rajiv Gandhi International Airport in Hyderabad, allegedly associated with the Falcon scam of ₹ 850 crore. The main accused in this scam is Amardeep Kumar.

Amardeep Kumar allegedly used the aircraft to flee to Dubai on 22 January. Investigation has confirmed that Amardeep Kumar is the beneficiary owner of this jet and in 2024 “Prestige Jets Inc.” It was purchased for $ 1.6 million (₹ 14 crore).

The Enforcement Directorate (ED) claims that the money received from the Ponzi scheme of Falcon Group was used to purchase this private jet. When this jet reached Shamshabad Airport, the ED seized it. Subsequently, the crew was questioned and the statement of a close aide was recorded.

What is Falcon scam?
Falcon Group raised ₹ 1,700 crore from investors, in which fake invoice discounting investment scheme was launched by luring high returns. 850 crores were refunded, but 6,979 investors did not get payment. The company’s leading officer, including chairman and MD Amardeep Kumar, is still absconding. On 15 February, Sibrabad police arrested Vice President “Pawan Kumar Odela” and director “Kavya Nalluri” of Falcon Capital Ventures.

(Tagstotranslate) Enforcement Directorate (T) Rajiv Gandhi International Airport (T) Private Jet Hawker (T) Enforcement Directorate (T) & Nbsp; Rajiv Gandhi International Airport (T) & Nbsp; Private Jet Hawker