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The Hindu·3 min read·medium

Bengaluru: CBI files chargesheets in homebuyers’ fraud cases

T
The Hindu Bureau
Bengaluru: CBI files chargesheets in homebuyers’ fraud cases
AI Summary

The CBI has filed additional chargesheets against two Bengaluru-based builders and several financial institutions for their alleged involvement in a large-scale homebuyers' fraud. This action is part of a broader Supreme Court-ordered investigation into the diversion of funds and cheating in the real estate sector.

The Central Bureau of Investigation (CBI) has filed its 14th and 15th chargesheets in the ongoing investigation into the alleged large-scale homebuyers’ fraud, arraigning two Bengaluru-based builder firms, their directors and officials of three financial institutions for allegedly conspiring to cheat homebuyers.

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