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CBI Files Chargesheet in Mumbai Housing Scam Against Acme

By Drooid · Oct 1, 2026, 4:14 AM UTC · How we work

Summary

CBI Charges Acme

CBI chargesheeted five promoters and directors of Acme Realties and its holding firm for cheating homebuyers in Mumbai.
The chargesheet was filed before the Additional Chief Judicial Magistrate (CBI Cases) at Esplanade Court, Mumbai.
CBI alleges the accused used false assurances and illegal deceptive means to obtain financial benefits.
The chargesheet cites IPC sections on criminal conspiracy, cheating, breach of trust, and dishonest receipt of stolen property.

Summary

ED Raids Jewellery

Enforcement Directorate raided 14 jewellery premises in Chandigarh, Mohali and Panchkula in a money-laundering probe.
Bank official Ribhav Rishi allegedly gave two 50-gram gold coins to IAS officer Vineet Garg before Diwali 2025.
CBI alleges IAS officer Saket Kumar ordered closure of two government accounts in December 2025 to conceal fraud.
Court denied bail to IDFC First Bank area head Shamim Ahmad Dar, citing his role in the Rs 593 crore scam.

History

Historical Context

On 7 January 2009 Satyam chairman Byrraju Ramalinga Raju resigned after admitting a INR7,000-crore fraud, then India’s biggest corporate scandal. The CBI took over in February 2010 and secured Raju’s 2015 conviction, leading to stricter auditor oversight. Current CBI charges against Acme Realties promoters and an Enforcement Directorate raid on jewellery firms echo that push for tighter governance.

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CBI Charges Acme

CBI chargesheeted five promoters and directors of Acme Realties and its holding firm for cheating homebuyers in Mumbai.
The chargesheet was filed before the Additional Chief Judicial Magistrate (CBI Cases) at Esplanade Court, Mumbai.
CBI alleges the accused used false assurances and illegal deceptive means to obtain financial benefits.
The chargesheet cites IPC sections on criminal conspiracy, cheating, breach of trust, and dishonest receipt of stolen property.

1 / 3