Truth vs Hype: Billion-Dollar Fraud, Covered Up?
Over the course of the past five months some of the worlds best known investors have filed for fraud against a Gurgaon-based real estate firm IREO, accusing its promoter of siphoning off around Rs 10,000 crore. The cases have been in front of Indian investigating agencies for months but so far there has been no action because, the investors allege, the company has political links. We take a close look at the case of IREO on the Truth vs Hype.