💨 Abstract

The Enforcement Directorate launched a money laundering investigation and conducted raids on two real estate companies, WTC Builder and Bhutani Group, in Delhi-NCR. The probe stems from fraud allegations with homebuyers, as the companies are accused of collecting over Rs 1,000 crore but failing to deliver projects for the past 10-12 years.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖