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CCS Files Case Against Builders for Pre-Launch Fraud

HYDERABAD: The Central Crime Station (CCS) has filed a case against the directors of Bharathi Builders, accused of swindling a local businessman and his brother out of ₹87 lakh with a fraudulent pre-launch investment scheme related to a gated community project in Bhanoor, Sangareddy district. K. Krishna Sumanth, 46, from Banjara Hills, reported that directors D. Nagaraju and M. Siva Rama Krishna convinced him and his brother, Krishna Kanth, to invest in their proposed project in August 2021. “They claimed to have secured 6.39 acres across various survey numbers in Bhanoor, assuring us that our investment would double within 36…