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Mumbai: ED breaks multi-crore scam, Capstone forex at centre of fraud

| Feb 13, 2020, 10:52:06 AM | Times Now
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In a massive crackdown by the Enforcement Directorate on financial fraud, a multi-crore forex scam has been busted. A mumbai-based company Capstone Forex is at the centre of this scam. Investigations have revealed that Capstone had bought Forex on fudged and fake air tickets and passports. The company has allegedly received more than Rs 700 crore in its accounts in the scam from various shell companies.

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