Breaking News Live Updates: 274 people safely brought to Harsil from Gangotri and other areas, says Uttarakhand govt

The Directorate of Enforcement is conducting search operations today at 12 locations across Jharkhand, West Bengal, and Maharashtra in connection with an ongoing investigation under the Prevention of Money Laundering Act, 2002.

The case pertains to a large-scale fake Input Tax Credit (ITC) fraud involving shell entities and unauthorised financial channels.

The investigation stems from the arrest of Shiva Kumar Deora, identified as the key mastermind behind the syndicate, who was chargesheeted last month following his arrest in May 2025.

The current searches were based on credible evidence pointing to the involvement of several additional individuals and firms in laundering proceeds of crime. The operation aimed to trace the broader money trail and recover incriminating material.

Further investigation is in progress.