India, Sept. 29 -- The Central Bureau of Investigation (CBI) has chargesheeted five former promoters and directors of Acme Realties Pvt Ltd and its holding company, Acme Housing India Pvt Ltd, over alleged cheating of homebuyers in connection with the Acme Boulevard housing project in Jogeshwari East.

The chargesheet was filed before the Esplanade Court as part of the agency's nationwide probe into alleged cheating and diversion of homebuyers' funds by real estate companies, CBI officials said on Monday.

The agency alleged that the accused companies and their erstwhile promoters and directors induced homebuyers through false assurances and fraudulent representations and obtained financial benefits through illegal and deceptive means.

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