The Commander Realtors Scam and the M3M Web: How Control of ₹10,000-Crore Assets Was Allegedly Seized While Homebuyers Were Left Behind

In the labyrinth of alleged fraud that has engulfed IREO and its long-time associates in the M3M Group, the Commander Realtors structure stands as the largest single sub-scam. According to detailed investigative dossiers, Lalit Goyal — the professional fund manager who received more than ₹1,000 crore in fees from IREO funds — used a complex …