₹3,558 Crore 'Cloud Particle Scam' Accused Caught While Fleeing at Delhi Airport

New Delhi (The Uttam Hindu):– In a major crackdown on financial fraud, the Enforcement Directorate (ED) has arrested Sukhvinder Singh Kharour and Dimple Kharour, alleged masterminds behind the ₹3,558 crore 'cloud particle scam.' The duo was apprehended at Delhi’s IGI Airport while attempting to flee the country.

Acting on specific intelligence, authorities detained them based on an active Look Out Circular (LoC) and placed them under arrest. The ED initiated its probe after an FIR was registered by the Gautam Budh Nagar Police in Uttar Pradesh. Investigators revealed that Sukhvinder Singh Kharour, CEO and founder of Vuenow Group, orchestrated the massive fraud under a deceptive 'sale and lease-back' (SLB) model. The so-called cloud particle technology business, which promised investors lucrative returns, was found to be largely non-existent, with funds allegedly siphoned off for personal enrichment.

According to officials, investor money was funneled into personal accounts and shell companies, used for luxury purchases, and paid as hefty commissions to channel partners. The ED has traced links between the diverted funds and entities associated with Dimple Kharour, including Kharour Films LLP, Fruitchaat Entertainment Pvt Ltd, and Avnii T Infra Ventures Ltd—companies that had no actual involvement in the fraudulent scheme.

Earlier, ED conducted multiple searches at locations connected to Vuenow Marketing Services Ltd. and its associates, seizing assets worth ₹178.12 crore under the Prevention of Money Laundering Act (PMLA). The latest arrests follow the February 24 detention of another accused, Arif Nisar.

A Jalandhar court has remanded Sukhvinder and Dimple Kharour to ED custody for further investigation. Authorities continue efforts to uncover the full extent of the scam and recover misappropriated funds.