PMAY Homebuyers Cheated: ED Arrests OSBPL Head for Fraud, Fund Diversion and Cash-Based Resale Racket
The Enforcement Directorate has arrested OSBPL Managing Director Swaraj Singh Yadav for allegedly cheating PMAY homebuyers through fake cancellations, dual sales, and cash-based premiums. Searches recovered ₹86 lakh in cash, and a Delhi court has granted 14-day ED custody.