The Economic Offences Wing (EOW) of Uttar Pradesh Police arrested Mahipal Singh, a director of Karmabhoomi Real Estate Company Limited, for his alleged involvement in an investment fraud totaling around ₹100 crore. This fraudulent scheme reportedly affected hundreds of investors across various districts, including Mathura, Kanpur, and Bijnor. Singh, aged 50 and a resident of Chhatikara in Mathura district, was apprehended during a special operation targeting wanted economic offenders. The EOW's investigation revealed that between 2011 and 2015, the company had collected substantial sums from investors by promising to double their investments and offering plots and flats at reduced prices. However, investors did not receive the promised properties or refunds. Singh and five other directors are accused of conspiring to misappropriate the funds before shutting down operations and fleeing. Following an inquiry ordered by the Uttar Pradesh government, the EOW registered a case against the six directors. Legal proceedings against Singh are currently underway, while efforts to track down the remaining co-accused continue.