The 85-page charge sheet (called prosecution complaint in the ED's parlance) supported by 5,000 documents against Vijay M Choudhary (59) of Zoom Developers Private Limited, was filed before special judge Kamal Joshi under the Prevention of Money Laundering Act (PMLA).
The charge sheet described how Choudhary and his company Zoom Developers Private Limited allegedly took a loan worth Rs 2,650-crore from 26 different banks after floating bogus companies.
It also alleged that he, while taking these loans, also used fake documents.
ED had arrested Choudhary from Mumbai in connection with this money laundering case on May 2 this year.
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