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Fairmount Denies Involvement in Rs.8.15 Cr Fraud

The firm stated that it was prepared to cooperate with investigating agencies as required during the course of the probe.

Hyderabad: Fairmount Builders and Developers on Tuesday denied any involvement in the `8.15 crore real estate fraud case registered by the economic offences wing of the police. They stated that neither the firm nor its partners had any connection with the transactions mentioned in the complaint.

The firm stated that it was prepared to cooperate with investigating agencies as required during the course of the probe.

The EOW had earlier registered a case based on a complaint alleging cheating and misappropriation of funds in a real estate transaction.

( Source : Deccan Chronicle )
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