Homebuyers 'fraud': ED attaches Raheja Developers' assets worth over Rs 1,110 crore

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The Enforcement Directorate has attached assets exceeding Rs 1,100 crore linked to Raheja Developers. This action is part of a money-laundering investigation concerning alleged fraud against homebuyers. The agency seized bullion and foreign currency during recent searches. Funds collected from over 4,600 homebuyers were allegedly siphoned off and used for purposes unrelated to the projects.