Sukhwinder Singh Kharour, CEO and Founder of ViewNow Group, along with other accused/entities, has committed the ‘Cloud Particle Scam’ worth thousands of crores. They appropriated the hard-earned money of the general public (investors) for their personal gain. Cloud Particle’s core business based on the Sale and Lease Back (SLB) model was found to be non-existent. This was exaggerated to deceive investors. It was also revealed that no or very little rent was charged from data center customers. The reason is because ViewNow Group’s entire business was just a money-laundering scheme. According to the Enforcement Directorate (ED), a total of around Rs 3700 crore was collected from investors in exchange for the sale of Cloud Particles. Of this, approximately Rs 1800 crore was returned to investors as rent and the remaining proceeds of crime (POC) were used for purposes other than business purposes. This was misused by M/s VMSL and group companies in paying high commissions to channel partners, purchasing various luxury vehicles, gold and diamonds, transferring funds worth hundreds of crores of rupees through shell entities and investing in properties. Enforcement Directorate (ED), Jalandhar Regional Office, under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, has conducted a money laundering investigation related to M/s Vueno group of companies. In this regard, a provisional attachment order worth Rs 19.10 crore has been issued on 30.01.2026. The ED had initiated investigation into the case on the basis of various FIRs lodged by Gautam Buddha Nagar (Noida) Police and Punjab Police under the provisions of BNS, 2023. According to the ED, during the investigation, in addition to the already seized/immovable properties, additional properties worth Rs 19.10 crore in the form of immovable properties, fixed deposits and listed shares were recovered. The immovable properties belong to the family members of Sukhwinder Singh Kharor, M/s Viewno Infotech Pvt Ltd, Nitin Srivastava and his wife Ruchi Srivastava and accountant Vijay Jha of Viewno Group, while the shares belong to Sukhwinder Singh Kharor and Dimple Kharor. Earlier, about Rs 178.12 crore in the form of bank balances, vehicles and immovable properties were seized under a provisional attachment order dated February 6, 2025. The property was confiscated. Assets worth Rs 73.72 crore were also frozen during the search operation on August 14, 2025. During the investigation, accused Sukhwinder Singh Kharor and Dimple Kharor were arrested on 28 February 2025 and Arif Nisar was arrested on 24 February 2025. At present these accused are in judicial custody. Subsequently, a prosecution complaint was filed against him and his related entities in the PMLA Special Court on 24 April 2025. Further investigation of the case is going on.
