American Education Trust, which runs a prominent school in Kandivli and Borivli, is being probed by the charity commissioner for a transfer of Rs 2.95 crore to a bullion company during the pandemic. The complainant, a founder of the school, said the other trustees have hired bouncers at the Borivli branch to prevent him from entering the premises.

Although the Swami Vivekanand International School and Junior College management has refuted the allegations, the transfer records show that Rs 2.95 crore was sent to S Mahendrakumar Devichand (SMD), a bullion dealer in the city.