EOW arrested three in Moradabad linked to Green Ray International over an alleged ₹78 crore investment fraud; probes continue in Odisha and West Bengal.
The Uttar Pradesh EOW has arrested three directors of Green Ray International in Moradabad on charges of fraud amounting to ₹78 crore. The company allegedly defrauded a large number of investors by promising to double their money in a short period of time. Cases have also been filed against the company in Odisha and West Bengal.