Last Updated Apr - 24 - 2025, 03:55 PM | Source : Fela News
The Enforcement Directorate (ED) conducts raids on FIITJEE locations across Delhi-NCR in connection with a money laundering investigation. The probe follows com
The Enforcement Directorate (ED) carried out raids at eight locations across Delhi-NCR on Wednesday as part of a money laundering investigation involving FIITJEE, a well-known coaching institute. This comes after the Delhi Police's Economic Offences Wing (EOW) filed an FIR based on complaints from parents who were affected by the institute’s sudden closure of several centres. Parents reported paying large sums of money in advance for the academic year but received neither services nor refunds when the centres abruptly shut down.
The ED is investigating allegations that funds collected from students were diverted for personal use or other ventures. The raids targeted the residential properties of key individuals, including promoter DK Goel, and several offices. The action is being conducted under the Prevention of Money Laundering Act (PMLA).
FIITJEE, which has 73 centres across the country, is under scrutiny after the EOW filed a case against it in March for failing to deliver promised services and engaging in deceptive marketing tactics. The institute’s east Delhi centre, in particular, is at the center of the investigation.
Oct - 15 - 2025
In a surprising but strategic announcement, Prashant Kishor, leader and founder of Jan Suraaj Party, declared that he will not contest the upcoming... Read More
Oct - 15 - 2025
In a shocking turn of events in Rohtak, Haryana, a police constable named Sandeep Kumar allegedly died by suicide leaving behind a video in which h... Read More
Oct - 15 - 2025
The Supreme Court of India has recently green-lighted a regulated usage of green crackers for Diwali celebrations in Delhi and the National Capital... Read More
Oct - 15 - 2025
In New Delhi, Congress Delhi chief Devender Yadav and 55 party workers were detained by police on Tuesday during a protest against alleged “v... Read More
Oct - 14 - 2025
The Bharatiya Janata Party (BJP) has taken a big step in its Bihar election campaign by releasing names of 71 first candidates for the 2025 Assembl... Read More
Oct - 14 - 2025
On June 12, a plane took off as one expects, but within seconds, disaster struck. AI-171 plummeted inexplicably into a building near Ahmedabad airp... Read More