ED Arrests JP Infrastructure MD Manoj Gaur in Massive Real Estate Fraud Case

The Enforcement Directorate arrested JP Infrastructure MD Manoj Gaur over alleged money laundering and misappropriation of homebuyers’ funds. Amid company bankruptcy, Adani Enterprises leads the acquisition bid, highlighting legal and financial turmoil in the real estate sector.

Post Published By: Karan Sharma

Updated : 13 November 2025, 12:57 PM IST

ED Arrests Manoj Gaur, MD of Jaypee Infrastructure

New Delhi: Recently, the Enforcement Directorate (ED) arrested Manoj Gaur, Managing Director (MD) of M/s Jaypee Infrastructure Limited. This arrest was made in connection with cases related to alleged money laundering, fraud, and misappropriation of homebuyers' funds. The ED is continuously tightening its grip on the Jaypee Group, and MD Manoj Gaur was arrested as part of this investigation.

What are the allegations?

According to the ED, Jaypee Infrastructure, Jaypee Associates Limited, and several other real estate companies collected money from homebuyers and investors but failed to deliver flats or projects.

These companies diverted homebuyers' funds to other projects. This misappropriation resulted in losses to millions of investors and homebuyers.

Big News from Real Estate Sector: ED has arrested Manoj Gaur, Managing Director of Jaypee Infratech Limited in Money Laundering Case @dir_ed pic.twitter.com/YTpKitxdhP

— Dynamite News (@DynamiteNews_) November 13, 2025

The ED specifically named companies such as Gaursons, Gulshan, Mahagun, and Suraksha Realty. In the investigation, the ED team raided 12 locations in Delhi-NCR and Mumbai. The ED team also visited Jaypee Builder's marketing office in Noida's Sector 128 and conducted an investigation.

Financial Status of Jaypee Group

Jaypee Infrastructure Limited was founded in 1981 by Jaiprakash Gaur. This nearly 44-year-old company is now facing bankruptcy. The process of finding a buyer for the company is underway, with Adani Enterprises Limited, a company of the Adani Group, placing the highest bid.

Previously, mining giant Vedanta had bid ₹12,505 crore. Now, Adani Enterprises has become the highest bidder in this auction, raising the possibility that they may acquire Jaypee Infrastructure.

This arrest and investigation clearly demonstrates that the ED is taking strict action in cases of real estate fraud and money laundering. Additionally, the financial problems of Jaypee Group are also affecting the sales prospects of the company.