New Delhi, Nov. 13 -- The Enforcement Directorate (ED) has arrested Manoj Gaur, former Chairman and Managing Director of Jaypee Infratech Ltd (JIL), in a money laundering case of cheating with home buyers.

ED's Delhi zonal office arrested Manoj Gaur, the former Executive Chairman and Chief Executive Officer of Jaiprakash Associates Ltd (JAL), under Section 19 of the Prevention of Money Laundering Act (PMLA), 2002.

Manoj Gaur was arrested early on Thursday following a detailed investigation and analysis of evidence gathered during the ongoing probe in an Enforcement Case Information Report (ECIR) recorded by the ED under PMLA in connection with the Jaypee Group.

ED said it initiated an investigation against the Jaypee group on the basis...