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ED Raids Eight Locations in Kolkata Amid Money Laundering Probe
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News18•12-10-2026, 10:15
ED Raids Eight Locations in Kolkata Amid Money Laundering Probe
- •The Enforcement Directorate conducted raids at eight locations in Kolkata on Monday morning as part of an ongoing money laundering investigation.
- •Searches targeted premises in areas including Tollygunge and Sarat Bose Road in South Kolkata.
- •The federal agency is investigating suspected financial fraud involving the collection of crores from the public with false promises of high returns.
- •Investigators found that the alleged ill-gotten money was routed into real estate developments and other business ventures.
- •These operations follow a previous series of raids conducted across 17 locations in Kolkata and other regions last month.
Key Questions Answered
The Enforcement Directorate raided eight locations in Kolkata as part of an ongoing money laundering probe involving suspected financial fraud and the collection of crores of rupees from the public under the promise of high returns.
The searches were conducted on multiple premises, including one located in Tollygunge and a few others along Sarat Bose Road in South Kolkata.
According to ED sources, the funds collected from the public were allegedly routed into real estate development and various other business ventures.
