CBI files 17th chargesheet against builder in Bengaluru home buyer scam case

The charge sheet was filed with the Additional Chief Judicial Magistrate (CBI Cases), Bengaluru.

The Central Bureau of Investigation (CBI) has filed the 17th charge-sheet in the ongoing home buyer scam probe, named Ozone Urbana Infra Developers Pvt. Ltd. and one of its directors for allegedly cheating homebuyers in connection with a housing project in Bengaluru.

The charge sheet was filed with the Additional Chief Judicial Magistrate (CBI Cases), Bengaluru.

According to the CBI, the construction company and its director allegedly engaged in a criminal conspiracy to lure home buyers and investors with false assurances, misleading statements and false promises, dishonestly obtaining financial gains while causing losses to the buyers.

The investigation found substantial evidence, the agency claimed, citing provisions of the Indian Penal Code relating to criminal conspiracy, cheating and criminal breach of trust.

The CBI is currently investigating 32 more cases registered on the orders of the Supreme Court against various real estate companies and unidentified officials of banks and financial institutions for allegedly diverting funds and cheating home buyers across the country.

With the latest filing, the CBI has now filed 17 chargesheets in the home buyer fraud cases being monitored by the Supreme Court against several construction firms, their directors and officials of some banks and financial institutions.

Published – 17 Jul 2026 17:51 IST