ED's first aircraft auction in Hyderabad fraud case nets Rs 3 cr
Hyderabad, July 4 -- Hyderabad has figured in the Enforcement Directorate's (ED) first-ever auction of an aircraft, with the agency selling a seized Hawker 800A private jet for Rs 3 crore as part of a money laundering investigation linked to an alleged Rs 792-crore invoice discounting fraud.
The aircraft, attached in connection with the case against Hyderabad-based Capital Protection Force Pvt Ltd, also known as Falcon Group, and its promoters, was auctioned by the ED's Hyderabad Zonal Office through the MSTC platform on July 1, 2026.
Aircraft seized at RGIA in 2025
According to the ED, the jet was seized during search operations conducted at the Rajiv Gandhi International Airport on March 7, 2025, under provisions of the Prevention of...
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