IllustrativeED Raids Builders In Delhi-NCR In 'Subvention Scheme' Fraud Case
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
The enforcement directorate (ed) has conducted raids on builders in the delhi-ncr region as part of an investigation into a 'subvention scheme' fraud case. The raids are also linked to a probe into homebuyer fraud and money laundering. The number of locations raided and the specific companies involved are not consistently reported, with one outlet stating that five locations were raided in connection with three real estate companies.
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