Bengaluru: Ozone Urban C&D official arrested in ₹927.22 crore fraud case

ED officials arrested S. Vasudevan, the Chairman and Managing Director of M. Ozone Urban Infra, in connection with a fraud case involving house buyers in Bengaluru. The investigation revealed that ₹927.22 crore was defrauded from house buyers. Vasudevan was arrested by ED Bengaluru Zonal Office officials on September 30 and presented before the Bengaluru Special PMALA Court on October 1.