https://deepnewz.com/india/ed-raids-fiitjee-over-rs-250-crore-fraud-involving-14411-students-rs-206-crore-4402aedc

The Directorate of Enforcement (ED) conducted search operations on April 24, 2025, under the Prevention of Money Laundering Act (PMLA), 2002, in connection with a fraud case involving FIITJEE, a prominent educational institution. The raids took place at multiple locations in Noida, Delhi, and Lucknow. According to the ED, FIITJEE collected approximately Rs 250 crore from 14,411 students for educational services. Investigations revealed that around Rs 206 crore of these funds were diverted for personal use, indicating financial irregularities and deception of students and parents. The probe is ongoing as authorities continue to examine the extent of the alleged siphoning of fees by FIITJEE.