ED ARRESTS TWO MASTERMINDS IN A MULTI CRORE LAND GRAB CASE; FRAUDULENT SALE OF SPIRITUAL TRUST’S PROPERTIES ACROSS THREE STATES BUSTED
Directorate of Enforcement (ED), has arrested two key accused persons, G. Ram Chandra Mohan and Akash Malviya, in connection with a massive money laundering case involving the fraudulent sale and alienation of immovable properties belonging to The Spiritual Regeneration Movement Foundation of India (SRMF), a Charitable Society registered in 1963 (SRMF- Reg. No. S/2366/1963). Both the accused have been remanded to ED custody by the Hon’ble Special Court at Patiala House Courts, New Delhi.
The arrests were made following extensive search proceedings conducted on May 14-15, 2026. The ED has also issued a freezing order against the bank accounts and movable assets of M/s Singhvahini Infra Projects Pvt. Ltd. and its Directors for their alleged complicity in the fraud.
ED initiated investigation based on an ECIR recorded on 07.05.2026, arising from multiple FIRs registered across Uttar Pradesh, Madhya Pradesh, and Chhattisgarh. These FIRs allege a continuing criminal conspiracy involving cheating, forgery, impersonation, and criminal breach of trust.
The investigation has revealed that the accused persons purporting to be authorized office bearers of the original SRMF (Reg. No. S/2366/1963), used forged powers of attorney, fabricated board resolutions, and counterfeit authorization letters to unlawfully sell prime trust properties valued at hundreds of crores of rupees.
G. Ram Chandra Mohan has been identified as the principal conspirator and key controlling person. After fraudulently projecting himself as the Treasurer of SRMF in 2010, he created a fictitious entity with a similar name, obtained a fake PAN (later deactivated by the Income Tax Department as “Fake Assessee”), and illegally opened a bank account to route the Proceeds of Crime. Akash Malviya, a close associate, impersonated himself as an Executive Member of SRMF and actively assisted in executing fraudulent sale deeds as an authorised signatory.
Investigation has also revealed the active complicity of Pradeep Singh, Director of M/s Singhvahini Infra Projects Pvt. Ltd., in the generation and layering of Proceeds of Crime. Despite being aware that the land being sold belonged to SRMF (Reg. No. S/2366/1963) and that the accused persons had no lawful authority to alienate the same, Pradeep Singh knowingly entered into the fraudulent transactions. More significantly, immediately after execution of the said sale deed, he proceeded to further alienate portions of the same property to third parties.
During the search proceedings, ED issued freezing orders under Section 17(1A) of the Prevention of Money Laundering Act (PMLA), 2002, against the bank accounts, fixed deposits, lockers, and high-end vehicles including a Toyota Hybrid, a Land Rover Defender, and a Mahindra Thar Roxx belonging to Pradeep Singh and his firm, M/s Singhvahini Infra Projects Pvt. Ltd.
Further investigation is underway to identify additional beneficiaries and stakeholders who facilitated these fraudulent transactions.
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