📷 Image: Wikimedia Commons / শরদিন্দু ভট্টাচার্য্য
Crime
ED Seizes 11 Sites in West Bengal, Jharkhand Over Rs 290-Crore Bank Scam
✍️ The Indian Express
🗓 03 Sep 2026, 02:03 PM
👁 41
The Enforcement Directorate conducted searches at 11 locations across West Bengal and Jharkhand as part of an investigation into a Rs 290-crore bank fraud.
The Enforcement Directorate (ED) carried out a coordinated search operation at 11 sites in the states of West Bengal and Jharkhand on Thursday. The raids were part of an ongoing probe into a bank fraud scheme that allegedly involved a total loss of Rs 290 crore.
While the ED has not released details about the specific institutions or individuals targeted, the breadth of the operation suggests a wide net aimed at uncovering financial irregularities linked to the fraud. Authorities are reportedly gathering evidence and seizing documents that could help trace the flow of illicit funds.
The investigation is expected to continue as investigators dig deeper into the financial transactions and attempt to identify the parties responsible for the alleged misappropriation of bank resources.
While the ED has not released details about the specific institutions or individuals targeted, the breadth of the operation suggests a wide net aimed at uncovering financial irregularities linked to the fraud. Authorities are reportedly gathering evidence and seizing documents that could help trace the flow of illicit funds.
The investigation is expected to continue as investigators dig deeper into the financial transactions and attempt to identify the parties responsible for the alleged misappropriation of bank resources.