Last Updated:November 13, 2025, 19:25 IST Jaypee Infratech MD Manoj Gaur, who was arrested on charges under the Prevention of Money Laundering Act, was remanded to the custody of the Enforcement Directorate for five days The ED had conducted searches on May 23, 2025, at 15 locations in Delhi-NCR and Mumbai, including the offices and premises of Jaiprakash Associates Ltd and Jaypee Infratech Ltd. (Image: PTI) The ED claimed to have busted a massive money laundering scam of Rs 32,825 crore with the arrest of Manoj Gaur, who is the executive chairman of Jaiprakash Associates Ltd and CMD of Jaypee Infratech Ltd. Gaur was remanded to the custody of the Enforcement Directorate (ED) for five days. Named the prime accused in the scam under the Prevention of Money Laundering Act (PMLA), he allegedly misused and diverted Rs 13,833 crore collected from homebuyers for residential projects towards non-construction purposes.  Officials called this case “one of the largest real-estate money laundering operations in India’s corporate history”, which they said intended to launder public and investor money through …