A number of groups of the Enforcement Directorate (ED) are conducting raids in Delhi and the Nationwide Capital Area (NCR) as a part of its cash laundering investigation towards teaching institute FIITJEE, a training institute chain that prepares college students for aggressive exams, which not too long ago shut its centres abruptly.
The case stems from the First Data Reviews (FIRs) filed by Noida and Delhi Police on the complaints of some dad and mom, who mentioned in January that the FIITJEE centres all of a sudden shut, leaving their youngsters within the lurch. The dad and mom alleged they deposited lakhs of rupees as price, however they received no service or refund.
“The motion is being undertaken below the Prevention of Cash Laundering Act (PMLA). Places in Delhi and neighbouring Noida and Gurugram, together with these of the promoters of the teaching institute, are being searched,” an RD official mentioned.
Final month, the Delhi Police Financial Offences Wing (EOW) lodged a dishonest case towards FIITJEE, after receiving 190 complaints from dad and mom of scholars who studied at its Preet Vihar centre in East Delhi, which was shut down in mid-January. The FIR has been registered below the Indian Penal Code (IPC), because the complaints had began coming in since 2022. The Bharatiya Nyaya Sanhita (BNS), the brand new felony code of India, got here into impact on July 1, 2024, changing IPC.
“The EOW had began a probe after it acquired round 35 complaints in February, which has now gone as much as 190. These complaints have been initially filed with the native police in East Delhi and later forwarded to the EOW, as the quantity was suspected to be massive and wanted an intensive investigation,” the officer mentioned.
In January, it got here to gentle that FIITJEE had shut down a number of centres throughout Delhi-NCR, Maharashtra, Uttar Pradesh, and Madhya Pradesh, leaving college students and oldsters in limbo. The institute, which has 73 examine centres throughout the nation, has been dealing with a monetary disaster, with workers at many branches resigning en masse.
Up to now, the police in Ghaziabad, Noida, and Bhopal have lodged a number of FIRs towards FIITJEE. In February, the Better Noida police seized over Rs 11.11 crore from 12 financial institution accounts linked to FIITJEE’s founder Dinesh Goyal as a part of its probe in an identical dishonest case, mentioned officers.
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FIITJEE supplies teaching for aggressive exams to engineering aspirants and has 73 centres throughout the nation.
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