<h1>Agency files six criminal cases, raids developers and bank officials over alleged collusive subvention loan fraud harming homebuyers</h1> The CBI registered six regular criminal cases and conducted searches at 12 locations across three cities against several real estate developers and unnamed financial-institution officials, alleging a collusive scheme to defraud homebuyers through a 'subvention' loan mechanism. The actions were taken on Supreme Court directions after homebuyers sought relief and following seven preliminary enquiries and earlier NCR prosecutions. The agency reported seizure of incriminating documents and digital evidence during ongoing searches and has submitted status reports to the Supreme Court as it pursues investigations into the alleged nexus and coercive conduct by lenders.