India, Oct. 6 -- The Enforcement Directorate (ED) has filed six more money laundering cases to investigate the alleged nexus between builders and financial institutions in cheating homebuyers by innovating and introducing 'Subvention Scheme' of home loans, taking total registered cases in the Supreme Court ordered probe to 28, people familiar with the development said on Sunday.

The six fresh prevention of money laundering act (PMLA) cases are based on the Central Bureau of Investigation (CBI) first information reports (FIRs) filed on September 25 and subsequent raids to investigate some builders in Maharashtra, Karnataka and West Bengal.

As reported by HT on August 22, ED had earlier registered 22 money laundering cases in the matter, ...