NEW DELHI, Oct 23: The Enforcement Directorate on Friday conducted searches against two NCR-based real estate companies in a money laundering investigation linked to “fraudulent” NRI housing loans, agency officials said.
At least 13 locations in Delhi-NCR, Bengaluru and Chandigarh were covered by the central agency, they said.
The probe involves two NCR-based companies and some others in an alleged fraudulent NRI (Non Resident Indian) housing loans obtained using forged documents, according to the officials.
