The Enforcement Directorate (ED) raided the residence of Agra-based real estate businessman Prakhar Garg on Wednesday morning as part of an ongoing investigation into a Rs 9 crore fraud case. The raid took place at his home in Asha Villa, Dwarka Puram, under the jurisdiction of Hariparvat police station.
The ED team arrived early at 7 am, seizing important documents, laptops, and computers, which are now under scrutiny. Interestingly, Prakhar Garg, who is facing 25 fraud cases, was not present at his residence during the raid. A police officer on site confirmed that the ED’s investigation was ongoing, and no one was permitted to enter or exit the premises during the operation. The raid is linked to a fraud case filed two months ago involving Rs 9 crore, which follows a series of financial mismanagement allegations against Garg. This is not the first time Garg has attracted attention for legal issues. In October 2022, he was arrested by Agra police in a fraud case filed by lawyer Anurag Gupta. The case, originally filed in August 2021, accused Garg of misappropriating Rs 2.5 crore that was given to him for business purposes. Despite making profits, Garg allegedly failed to return the money, with a bounced cheque further fueling the allegations.
Prakhar Garg had previously made headlines in 2021 when he pledged a massive Rs 510 crore donation to the Vrindavan Corridor project, a high-profile venture. His legal troubles, however, seem to overshadow his business activities, with the ED’s ongoing investigation likely to uncover further details regarding the fraud claims. The raid signifies the intensification of the legal proceedings against Garg, whose business dealings are under close examination by authorities. The ED’s action comes as part of a broader effort to clamp down on fraudulent activities in the real estate sector and hold business figures accountable for financial misconduct. As the investigation unfolds, more details are expected to emerge, shedding light on the extent of Garg’s involvement in financial malpractices and the possible legal repercussions he faces.
