Economic Offences Wing probes Rahul Yadav, wife in Rs 288 crore alleged fraud case

The Economic Offences Wing (EOW) of Mumbai Police is investigating Rahul Yadav, the owner of property startup 4B Network Pvt Ltd, for allegedly misusing Rs 288 crore of investor money and transferring funds to a firm owned by his wife. Info Edge, an investor in 4B Network, has filed a complaint accusing the company of cheating and listing suspicious transactions.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/c2ndFf0