SRS Group’s Praveen Kapoor nabbed in US, deported to India for $265 million fraud
November 2025 367 views 1:45Fugitive businessman Praveen Kumar Kapoor, co-founder of SRS Group, has been deported from the U.S. after being stopped at Newark International Airport. Kapoor, accused in a ₹2,200 crore fraud and money laundering case, was taken into custody upon arrival in Delhi and handed over to Faridabad Police. The Enforcement Directorate (ED) confirmed that Kapoor was detained under an Interpol Red Corner Notice issued at India’s request. This comes amid India’s wider crackdown on economic fugitives and recovery of defrauded public money.
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