ED files chargesheet against Yogesh Tiwari in Prayagraj fraud case

Key Highlights

• The investigation pertains to a deliberate scheme in which the accused fraudulently induced the complainant to transfer multiple immovable properties on false assurances of installing development projects and providing future financial benefits.
• The ED investigation revealed that the accused, Yogesh Tiwari, while falsely projecting himself as a well-established businessman, property dealer, and a person with strong connections to builders and bureaucrats, deceived the complainant and fraudulently acquired five immovable properties without making due payment.
• Out of these, three properties were subsequently sold to third parties, and the sale proceeds were withdrawn and siphoned off for personal use.
• The ED has identified proceeds of crime amounting to Rs.
• 1.41 crore in the case.