Info Edge Files EOW Complaint Against Broker Network's Rahul Yadav
Info Edge has named Broker Network founder Rahul Yadav as the primary accused in a fraud complaint with the Economic Offences Wing
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Info Edge has named Broker Network founder Rahul Yadav as the primary accused in a fraud complaint with the Economic Offences Wing
The Economic Offences Wing (EOW) of Mumbai Police is investigating Rahul Yadav, the owner of property startup 4B Network Pvt Ltd, for allegedly misusi
Naukri(dot)com's owner Info Edge -- which invested Rs 276 crore in six tranches for about 60 cent stake in Yadav's 4B Network Pvt Ltd (also known as Broker Network) and gave another Rs 12 crore as loan
The Economic Offences Wing (EOW) of Mumbai Police is investigating Rahul Yadav, the founder of a property startup, for allegedly mishandling Rs 288 crore of investor money and transferring funds to a firm co-owned by his wife. Info Edge, which invested in Yadav's startup, filed a complaint accusing 4B Network Pvt Ltd of cheating and engaging in suspicious transactions.