SRS Group promoters declared fugitive economic offenders in Rs 2,200 crore scam With SRS Group promoters Jitender Kumar Garg and Sunil Jindal now formally declared fugitive economic offenders, the ED has begun proceedings to confiscate their properties under the provisions of the Fugitive Economic Offenders Act (FEOA), 2018. AdvertisementSunil Jindal is one of the promoters and directors of multiple companies linked to the SRS Group. Munish Chandra PandeyNew Delhi,UPDATED: Jan 18, 2026 20:32 ISTEdited By: Anuja JhaIn a significant crackdown on absconding economic offenders, a Special Court under the Prevention of Money Laundering Act (PMLA) in Gurugram has declared Jitender Kumar Garg and Sunil Jindal, promoters and directors of multiple companies linked to the SRS Group, as Fugitive Economic Offenders under the Fugitive Economic Offenders Act (FEOA), 2018. The declaration came after an application filed by the Directorate of Enforcement (ED), Gurugram Zonal Office. The agency had sought similar action against Praveen Kumar Kapoor as well. However, ED officials said Kapoor was deported to India on November 1, 2025, following a Red Corner Notice issued by Interpol at the agency’s request. advertisementThe money laundering probe was initiated based on around 81 FIRs registered by the Haryana Police, the Economic Offences Wing in Delhi, and the Central Bureau of Investigation (CBI), New Delhi.
