Chennai/New Delhi, May 7 -- In another significant development in the ongoing investigation into large scale cheating ofhomebuyers, the Central Bureau of Investigation (CBI) on Thursday filed a chargesheet against M/s CHD Developers Ltd. and its Directors in connection with alleged fraudulent activities relating to a housing project situated at Gurugram, Haryana.
Investigation conducted by CBI has revealed that 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, according to CBI.
The charge s...