New Delhi, May 12 -- The Central Bureau of Investigation (CBI) filed a charge sheet against Sequel Buildcon Private Limited and its Directors in connection with alleged fraudulent activities relating to a housing project situated at Noida.

According to an official release, as per CBI Investigation, the accused builder company and its Directors, in furtherance of a criminal conspiracy, allegedly induced innocent homebuyers/investors through false assurances, misleading representations and deceptive promises, thereby dishonestly obtaining financial gains while causing wrongful loss to the victims.

The charge sheet has been filed before the competent Court under relevant provisions of the Indian Penal Code on criminal conspiracy, cheating ...