Boodati Laxminarayana, and its directors, on Sunday for cheating people under the pretext of pre-launch offers on apartments. They were accused of cheating the victims of '37.90 lakh and '29.88 lakh in two seperate incidents.
Hyderabad: The Jubilee Hills police registered two more cases against Sahiti Infratec Ventures owned by Boodati Laxminarayana, and its directors, on Sunday for cheating people under the pretext of pre-launch offers on apartments. They were accused of cheating the victims of `37.90 lakh and `29.88 lakh in two seperate incidents.
The accused face 42 FIRs registered against them in different parts of the city and are accused of cheating 1,200 customers of `1,500 crore with pre-launch offers for apartments in their real estate ventures. The alleged fraud came to light after the city police arrested Laxminarayana and other accused in December last.
( Source : Deccan Chronicle. )
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