As part of an ongoing investigation into Dnyanraddha Multistate Co-operative Society and its key figure Suresh Kute, the Enforcement Directorate (ED) conducted extensive searches at multiple locations across Maharashtra, including Beed, Aurangabad, Pune, and Navi Mumbai.
These actions were taken under the provisions of the Prevention of Money Laundering Act (PMLA), 2002. Besides Kute, several others are involved in the scam.
During the search operations, the ED seized and froze various incriminating documents, digital devices, and movable assets. Among the assets seized were bank funds and Demat account holdings valued at approximately Rs. 1.2 Crore.
The operation marks a significant step in the investigation, with authorities continuing to scrutinize the financial dealings of those involved.