CNN Central News & Network–ITDC India Epress/ITDC News Bhopal: In a major crackdown, the Enforcement Directorate conducted extensive searches on September 3 and 4, 2025, at multiple premises in Jaipur linked to notorious history-sheeter Gyan Chand Agarwal and his associates, under the provisions of the Prevention of Money Laundering Act (PMLA), 2002
Agarwal, accused in numerous land-fraud cases and declared a history-sheeter by police, is suspected of orchestrating a large-scale racket defrauding hundreds of investors. The searches yielded unaccounted cash, incriminating documents, and digital evidence including hard disks, mobile phones, and other electronic devices
Preliminary estimates suggest the land-fraud operations may involve a staggering ₹150 crore, with funds siphoned abroad via shell companies and used to acquire foreign assets
ED officials are currently analyzing the seized materials to trace the flow of illicit proceeds and build a comprehensive case for prosecution. This action highlights the ED’s intensified efforts to dismantle networks engaged in money laundering and real estate fraud in Rajasthan. Stay updated as the investigation unfolds and more details emerge.
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