
Hyderabad: Enforcement Directorate Friday seized an aircraft allegedly owned by Amardeep Kumar, the prime accused in the Rs 850 crore Falcon scam, at Rajiv Gandhi International Airport (RGIA). The aircraft, a N935H Hawker 800A, was reportedly used by Kumar to flee the country.
According to the ED, Kumar is the beneficial owner of the aircraft, having personally signed the sale agreement when it was purchased in 2024 for $1.6 million (approximately Rs 14 crore) through a company, Prestige Jets Inc. Investigators claim that funds from the ponzi scheme were allegedly diverted to buy the aircraft, thereby making it a direct proceed of crime.