Fri Mar 07 08:57:17 UTC 2025: ## ED Raids Multiple States in Money Laundering Probe
**New Delhi, March 7, 2025** – The Enforcement Directorate (ED) launched multi-state raids on Friday as part of a money laundering investigation. The probe centers on alleged illegal remittances of crores of rupees from India to foreign countries via shell companies.
The investigation originated from a complaint filed by the Customs department concerning individuals operating out of Jaipur, Rajasthan. Raids are currently underway in Jaipur, Udaipur, and Ajmer in Rajasthan; Mumbai and Surat in Maharashtra; and Noida in Uttar Pradesh. The ED is searching the premises of several businessmen and their associates suspected of using shell or bogus companies to facilitate these illegal transactions.
First Piper 