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ED Raids 11 Sites in West Bengal and Jharkhand Over ₹290‑Crore Bank Scam

The Enforcement Directorate carried out search operations at 11 locations spread across West Bengal and Jharkhand as part of its investigation into a ₹290‑crore bank fraud. Officials seized documents and other evidence linked to alleged money‑laundering. The probe aims to trace the movement of illicit funds and identify those involved. The investigation remains active.

ED Raids 11 Sites in West Bengal and Jharkhand Over ₹290‑Crore Bank Scam
ED Raids 11 Sites in West Bengal and Jharkhand Over ₹290‑Crore Bank ScamPhoto via Indian Express — Kolkata

The Enforcement Directorate (ED) announced that it had searched 11 premises across West Bengal and Jharkhand in connection with a bank fraud case involving ₹290 crore. The raids were aimed at seizing records and other material that could help trace the flow of the alleged illicit funds.

The search operations were coordinated with local police and involved several banks and commercial establishments suspected of facilitating the money‑laundering scheme. Documents and electronic records were collected and are currently under examination.

While the ED has not yet disclosed the identities of the individuals or entities under scrutiny, the agency confirmed that the investigation will continue until all financial trails are traced. Law enforcement officials said the operation was part of an ongoing effort to curb large‑scale financial fraud in the region.

The raid demonstrates the government's commitment to enforcing banking regulations and protecting the integrity of the financial system. Citizens are advised to cooperate with authorities if they possess any information related to the case.

The investigation is still underway, and further updates are expected as the ED finalizes its findings.

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