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<h1>ED Raids Real Estate Firms in Delhi-NCR for Alleged Rs 1,000 Crore Fraud Under PMLA</h1> The Enforcement Directorate conducted searches at multiple locations of two real estate companies in Delhi-NCR as part of a money laundering investigation related to alleged fraud against homebuyers. The investigation targets WTC Builder and its promoter, along with the Bhutani Group. Raids were carried out under the Prevention of Money Laundering Act at sites in Delhi, Noida, Faridabad, and Gurugram. The probe is based on FIRs by Faridabad police and Delhi Police's Economic Offences Wing, alleging that the companies collected over Rs 1,000 crore from investors without delivering projects over the past decade.