Mumbai’s Economic Offences Wing closed the Mack Star Marketing fraud case, involving the Wadhawans of HDIL, who allegedly transferred property illicitly. Despite accusations of cheating Mack Star Marketing’s majority shareholder and taking loans without knowledge, EOW found no criminal conduct. The closure weakens the ED’s money laundering case on the matter, stating the conflict as purely civil.
EOW files closure report in Mack Star fraud case against Wadhawans
