ED attaches Ozone Urbana Infra Developers’ assets worth ₹423 crore in Karnataka

The Enforcement Directorate has attached properties worth over Rs 423 crore belonging to Bengaluru-based Ozone Urbana Infra Developers and its promoter S Vasudevan under anti-money laundering law. This action follows allegations of defrauding homebuyers of Rs 927.22 crore by failing to deliver apartments and diverting funds to other entities and family members.

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