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

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. Read More

According to ED sources, officers searched two locations in Pune and three in Baramati. The searches targeted properties linked to Vidyanand Dhairi and Anand Lokhande, residents of Jalochi in Baramati taluka, who are u

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