Scam of Rs 645 crore: Real estate businessman Vikram Wadhwa arrested, know the whole matter

By NEWS LIVE / June 1, 2026

The Enforcement Directorate (ED) has arrested real estate businessman Vikram Wadhwa under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, in connection with the ongoing investigation in the IDFC Bank fraud case. According to the information, Vikram Wadhwa was arrested on May 29. The arrest has been made in connection with the agency’s ongoing investigation into the embezzlement of public funds worth Rs 645 crore from the accounts of Haryana government, Chandigarh Union Territory administration and two private schools located in Chandigarh and Panchkula in IDFC First Bank.

According to the ED, Wadhwa is one of the main accused who embezzled government funds in collusion with Ribhav Rishi, Abhay Kumar, bank officials and government officials.

Read this also- Investigation intensified in real estate scam and fake CLU case in Punjab, ED issues summons to IAS Sandeep Kumar

Former Kerala CM Pinarayi Vijayan in trouble after coming to power, ED raids his house, what is the matter?

Related

Leave a Comment Cancel Reply

Recent Posts

Alpha Teaser: Alia’s dangerous action and Bobby Deol’s Haryanvi style, still people are asking where is Sharvari?
There is a lot of discussion about the release of ‘Alpha’. This film is going to be a blast this year. This is the first woman centric spy film of YRF’s spy universe. Alia Bhatt, Sharvari Wagh, Bobby Deol and Anil Kapoor will be seen playing lead roles in the film. The makers of the… Read more: Alpha Teaser: Alia’s dangerous action and Bobby Deol’s Haryanvi style, still people are asking where is Sharvari?
Stock market opened in green, Sensex jumped 370 points; Reliance-HUL stocks shine
Despite weak global cues, the Indian stock market made a good start on Wednesday. As soon as trading started, buying from investors was seen, due to which both Sensex and Nifty were seen trading in the green. BSE Sensex rose 372.49 points (0.50%) to 74,291.25. Whereas Nifty rose by 90.95 points (0.39%) and was seen… Read more: Stock market opened in green, Sensex jumped 370 points; Reliance-HUL stocks shine
Coriander seeds can also reduce belly fat, follow this method for 21 days to reduce belly weight
In summer, people feel that they lose weight rapidly because they feel more thirsty, sweat more and feel less hungry. But you will be surprised to know that it is during this season that the fat increases the most. Let us know why belly fat increases in this season? And how is coriander beneficial in… Read more: Coriander seeds can also reduce belly fat, follow this method for 21 days to reduce belly weight
Storm and rain, clouds will rain in these parts of the country including Delhi-NCR, alert issued
People of North India are troubled by the scorching heat in the month of June. Fire is raining from the sky in many states including Uttar Pradesh, Bihar, Madhya Pradesh and Rajasthan. People are now eagerly waiting for the arrival of monsoon. The Meteorological Department has given good news regarding rain in many states including… Read more: Storm and rain, clouds will rain in these parts of the country including Delhi-NCR, alert issued
Ben Stokes badly trapped in nightclub controversy! Along with leaving the captaincy, you can also take it from cricket.
England’s Test captain Ben Stokes is in big trouble at the moment. After winning the first Test match against New Zealand, partying in a nightclub has taken a toll on Stokes. The England Cricket Board (ECB) has started an investigation against Stokes and fast bowler Gus Atkinson due to their involvement in a fight in… Read more: Ben Stokes badly trapped in nightclub controversy! Along with leaving the captaincy, you can also take it from cricket.

Alpha Teaser: Alia’s dangerous action and Bobby Deol’s Haryanvi style, still people are asking where is Sharvari?
There is a lot of discussion about the release of ‘Alpha’. This film is going to be a blast this year. This is the first woman centric spy film of YRF’s spy universe. Alia Bhatt, Sharvari Wagh, Bobby Deol and Anil Kapoor will be seen playing lead roles in the film. The makers of the… Read more: Alpha Teaser: Alia’s dangerous action and Bobby Deol’s Haryanvi style, still people are asking where is Sharvari?
Stock market opened in green, Sensex jumped 370 points; Reliance-HUL stocks shine
Despite weak global cues, the Indian stock market made a good start on Wednesday. As soon as trading started, buying from investors was seen, due to which both Sensex and Nifty were seen trading in the green. BSE Sensex rose 372.49 points (0.50%) to 74,291.25. Whereas Nifty rose by 90.95 points (0.39%) and was seen… Read more: Stock market opened in green, Sensex jumped 370 points; Reliance-HUL stocks shine
Coriander seeds can also reduce belly fat, follow this method for 21 days to reduce belly weight
In summer, people feel that they lose weight rapidly because they feel more thirsty, sweat more and feel less hungry. But you will be surprised to know that it is during this season that the fat increases the most. Let us know why belly fat increases in this season? And how is coriander beneficial in… Read more: Coriander seeds can also reduce belly fat, follow this method for 21 days to reduce belly weight
Storm and rain, clouds will rain in these parts of the country including Delhi-NCR, alert issued
People of North India are troubled by the scorching heat in the month of June. Fire is raining from the sky in many states including Uttar Pradesh, Bihar, Madhya Pradesh and Rajasthan. People are now eagerly waiting for the arrival of monsoon. The Meteorological Department has given good news regarding rain in many states including… Read more: Storm and rain, clouds will rain in these parts of the country including Delhi-NCR, alert issued
Ben Stokes badly trapped in nightclub controversy! Along with leaving the captaincy, you can also take it from cricket.
England’s Test captain Ben Stokes is in big trouble at the moment. After winning the first Test match against New Zealand, partying in a nightclub has taken a toll on Stokes. The England Cricket Board (ECB) has started an investigation against Stokes and fast bowler Gus Atkinson due to their involvement in a fight in… Read more: Ben Stokes badly trapped in nightclub controversy! Along with leaving the captaincy, you can also take it from cricket.