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The CBI is conducting raids targeting builders and banks implicated in a fraud scheme that has impacted numerous homebuyers. These raids are taking place in Mumbai, Kolkata, and Bengaluru, following the registration of six cases related to defrauding homebuyers. The investigation focuses on the alleged collusion between builders and bank officials. The CBI has raided 12 locations across three cities and seized various documents and electronic evidence during the raids.
