The Enforcement Directorate (ED) Hyderabad on Friday reportedly seized a Hawker 800A jet (N935H) at Rajiv Gandhi International Airport (RGIA), allegedly owned by Amardeep Kumar, the prime accused in the Rs 850 crore Falcon scam.
The ED had registered a case after the scam was unearthed last month.
The ED official sources said that Kumar purchased the jet in 2024 for $1.6 million (Rs 14 crore) via Prestige Jets Inc.
The ED claims that proceeds from the Falcon Group’s Ponzi scheme were diverted to purchase the jet.