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Dairy investment fraud: ED raids 5 locations in Pune and Baramati

An ED officer said the searches focused on securing financial records, digital data and other evidence related to the suspected diversion of investor funds

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 Enforcement Directorate (ED) on Wednesday carried out searches at five place, sources said. File Pic

Enforcement Directorate (ED) on Wednesday carried out searches at five place, sources said. File Pic

The Enforcement Directorate (ED) on Wednesday carried out searches at five places in Maharashtra's Pune and Baramati as part of its money-laundering investigation into an alleged Rs 10-crore cheating case linked to investment schemes in the dairy sector, officials said.

Officials said the action was taken after complaints that several businessmen had been tricked with promises of unusually high returns.

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