Unitech Managing Director Sanjay Chandra and his brother Ajay Chandra were arrested on Saturday by the Economic Offences Wing (EOW) of the Delhi Police, an officer said.
The Chandras were booked for cheating buyers as Unitech failed to complete a project on time and also did not refund the money along with the interest.
Both will be presented before a Delhi court for remand proceedings on Saturday afternoon.
--IANS
sp-akk/in/vm
Disclaimer: No Business Standard Journalist was involved in creation of this content