Non-public jet of absconding Falcon Group chairman seized by ED 

A mid-sized Hawker 800A with the registration quantity N935H bought in 2024 for $1.6 million utilizing alleged proceeds of crime.

The Enforcement Directorate (ED) has seized a personal jet allegedly utilized by fugitive businessman Amardeep Kumar to flee the nation amid an ongoing investigation into monetary irregularities linked to Falcon Group (M/s Capital Safety Drive Pvt. Ltd.).

In response to ED sources, Kumar, Chairman and Managing Director of Falcon Group, fled the nation on January 22 utilizing the non-public jet owned by him by a constitution firm, Status Jets Inc.

The plane, a mid-sized Hawker 800A with the registration quantity N935H, was reportedly bought in 2024 for $1.6 million utilizing proceeds of the crime.

Investigators tracked the plane to Shamshabad’s Rajiv Gandhi Worldwide Airport, the place it landed on March 7 morning. ED officers carried out a search, recorded statements from the crew and an in depth affiliate of Kumar, and subsequently seized the jet. Customs information confirmed that Kumar had fled the nation together with an affiliate, Vivek Seth, on the identical plane.

Earlier on February 21, Enforcement Directorate (ED) has recorded an Enforcement Case Info Report (ECIR) following a FIR filed by the Financial Offences Wing (EOW) of Cyberabad Police in reference to an alleged ₹850 crore ponzi scheme involving Falcon Bill Discounting Platform.