ED Arrests Subhash Chandra Bijnoriya in ₹2,676 Crore Fraud Case
Large-scale financial fraud and Ponzi scheme harming investors is a serious concern.
On August 10, 2026, the Jaipur zonal office of the Enforcement Directorate (ED) arrested Subhash Chandra Bijnoriya, accused in a ₹2,676 crore fraud case involving Nexa Evergreen. Bijnoriya and his partner allegedly lured investors with false promises of high returns and property allotments through a Ponzi scheme. The ED produced him in court on Monday and remanded him to custody until August 13. Searches earlier uncovered ₹2.04 crore in cash and froze ₹15 crore in bank accounts linked to the fraud.
11 AUG 2026
— NDTV
The Enforcement Directorate (ED) arrested Subhash Chandra Bijnoriya in connection
12 AUG 2026
· THIS STORY — The Hindu
The ED arrested Subhash Chandra Bijnoriya, accused of a ₹2,676 crore fraud involving Nexa Evergreen, in Jaipur.
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