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Shravan Gupta, a two-country fugitive, faces Rs 180 crore fraud charges

The Raja Saab box office collection day 12: Prabhas-starrer horror comedy crashes and burns, fails to earn even Rs 1 crore India-Bangladesh ties plunge, New Delhi to withdraw diplomats' families over security concerns DNA TV Show: US President Donald Trump marks one year in office in his second term After cancelled wedding with Smriti Mandhana, Palash Muchhal gets back to work, announces new film with Shreyas Talpade Why is Zakir Khan taking an extended break? Comedian says he will 'sort health and other things' Who is Deeya Yadav? 16-year-old DC player who became youngest WPL debutant Shravan Gupta, a two-country fugitive, faces Rs 180 crore fraud charges Jana Nayagan censor row: Madras High Court reserves order on CBFC appeal against Vijay's final film over U/A certificate Delhi’s traffic to ease after six-Lane DND–Sarai Kale Khan corridor to connect Delhi-Mumbai Expressway soon, cut travel time to 12 hours VIDEO: Noida techie's car pulled out 3 days after he drowned in water-filled ditch INDIA Last year, Shravan Gupta was convicted and sentenced to 10 years of prison by an Abu Dhabi court for alleged fraud and embezzlement.

Shravan Gupta, a two-country fugitive, faces Rs 180 crore fraud charges

Credit: Dnaindia

Key Highlights

  • Prashant Tamta Updated : Jan 20, 2026, 09:17 PM IST Shravan Gupta, chairman of the MGF Group, is accused of defrauding EMAAR Group of Rs 180 crore, and then fleeing to London.
  • EMAAR Group built the world's tallest building, Burj Khalifa.
  • The 2024 charge sheet by Delhi Police’s Economic Offences Wing (EOW) reveals the full details of Gupta’s deception.
  • The Dubai-based EMAAR Group entered India in 2005 and then partnered with Delhi-based real estate group MGF Developments Ltd to form a joint venture named EMAAR MGF.
  • It is alleged that under the Palm Hills project of EMAAR MGF, Rs 3734 crore was paid to Nanny Infrastructure Private Limited.
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Sources

  1. Shravan Gupta, a two-country fugitive, faces Rs 180 crore fraud charges

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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