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Global Business News

The Economic Times

Global Business / The Economic Times

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First ever: ED auctions seized aircraft Hawker 800A in Falcon scam

In a significant move, the Enforcement Directorate has successfully auctioned a Hawker 800A aircraft for Rs 3 crore. This marks the first time the ED has disposed of an aircraft. The plane was seized in connection with a Rs 792 crore bogus invoice discounting scam run by Capital Protection Force Pvt Ltd. Proceeds from the sale will be used to compensate defrauded investors, pending court approval.

3 Jul 2026 5:41 pm