Vinod Tanna’s property in UK seized, 85 crore fraud revealed

The Enforcement Directorate (ED) took a major action in a serious matter of money laundering and attached a real estate in UK (England) on Wednesday (July 16, 2025). The property was found in the name of businessman Vinod Tanna and his wife. Investigation has revealed that this land and building Jayesh Tanna bought in the year 2017 when the crime of cheating was going on. Illegal amount of 2.07 lakh British pounds was sent to UK for property purchases. The amount was cheated by deception from real investors and flat buyers who were investing in the redevelopment projects of Sai Group.

ED started this investigation in the year 2024. Its foundation was laid on several FIRS recorded by Mumbai Police, in which serious allegations were made against Jayesh Tanna, Deep Tanna (promoter of Sai Group) and others under various sections of the Indian Penal Code. Most of these cases have been filed by the police.

What happened in the investigation so far

In the investigation so far, it has been clear that the promoters of Sai Group have given their darkness, D.N. Divarted huge amount of buyers and investors in the redevelopment projects of Nagar, Kandivali and Goregaon for personal benefit. He raised crores of rupees in the name of booking houses and shops, but did not complete the projects. This not only caused damage to the new buyers, but the old tenants, who were members of the original society, also had to suffer heavy financial and mental anguish.

Loss of 85.75 crores, Property worth 35.65 crores seized

According to the ED, this fraud has lost a total of 85.75 crores to investors, flat buyers and society members. The investigating agency has so far seized a total of 35.65 crore properties in this case, in which the real estate in UK has also been included.

This action of the Enforcement Directorate is considered a big message against illegal properties invested abroad in cases of money laundering. The agency says that a thorough investigation of the case is going on and attachment of more properties is possible in the coming time.

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