<h1>Former real estate MD remanded 14 days after probe into alleged ?14,599 crore homebuyer fraud and money laundering</h1> A Delhi court remanded a former managing director of a real estate firm to 14 days' judicial custody after his custodial interrogation by a federal agency investigating alleged money laundering tied to a Rs 14,599 crore fraud on homebuyers. The agency alleges funds collected from thousands of buyers for residential projects were diverted for non-construction uses, leaving projects incomplete; it says two group companies raised over Rs 33,000 crore for projects in Noida and Greater Noida. Investigations stem from multiple FIRs by state economic offences wings and nationwide searches at several locations.