📷 Image: Wikimedia Commons / P. Sheshadri
Crime
ED arrests Avinash Rathod in Rajasthan over alleged multi‑crore fake investment scam
✍️ Amar Ujala · Rajasthan
🗓 05 Nov 2026, 06:01 PM
👁 14
The Enforcement Directorate detained Avinash Rathod in Rajasthan on suspicion of running bogus investment schemes that allegedly duped investors of crores of rupees.
Enforcement Directorate officials in Rajasthan have taken Avinash Rathod into custody after alleging his involvement in a large‑scale fraud that used fabricated investment plans to extract crores of rupees from unsuspecting investors.
According to the agency, Rathod purportedly marketed these schemes as legitimate opportunities, promising high returns, while diverting the collected funds for personal use. The ED’s preliminary findings suggest that the deception affected a significant number of people across the state.
The investigation remains ongoing, and the directorate has indicated that formal charges will be filed once sufficient evidence is gathered. Authorities have also warned the public to exercise caution before committing funds to unverified investment offers.
According to the agency, Rathod purportedly marketed these schemes as legitimate opportunities, promising high returns, while diverting the collected funds for personal use. The ED’s preliminary findings suggest that the deception affected a significant number of people across the state.
The investigation remains ongoing, and the directorate has indicated that formal charges will be filed once sufficient evidence is gathered. Authorities have also warned the public to exercise caution before committing funds to unverified investment offers.