New Delhi, Nov. 6 -- Praveen Kumar Kapoor, co-founder and promoter of realty firm SRS Group, has been deported to India by the US authorities in a Prevention of Money Laundering Act (PMLA) case.
This follows an investigation by the Enforcement Directorate (ED), which had issued a Red Corner Notice against him. The ED's Gurugram Zonal Office is handling the matter.
Kapoor was denied entry at Newark International Airport in the USA, and his B1/B2 visa was cancelled by the US authorities. He was deported to New Delhi on November 2, where he was intercepted by Indian law enforcement agencies based on a Lookout Circular issued by the ED's Gurugram Zonal Office.
The ED initiated a money laundering investigation against SRS Group based on 81 FI...