- ED conducted massive raids across Durgapur, Howrah, and Nadia.
- Targeted crypto, chit fund, and fake stock market investment scams.
- Many individuals under investigation.
State Bureau, Jagran, Kolkata: The Enforcement Directorate (ED) launched a massive raid operation in Bengal on Thursday morning. The central agency took simultaneous action at several locations, including Durgapur, Howrah, and Nadia. The investigation covers cases of alleged fraud involving crypto investments, chit funds, and fake stock market investments. Searches were conducted at all locations amidst the deployment of central forces.
An ED team arrived at the residence of Dilip Mallick, a former ECL employee, in the Sripally Subhashnagar Rickshadanga area of Andal, Durgapur.
It is alleged that Dilip Mallick and his son, Diganta Mallick, raised crores by luring people into crypto investments through an office opened at Fairlie Place in Kolkata.
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The investigative agency suspects that these funds were also routed abroad. According to Jagran sources, Diganta Mallick has had dealings with a businessman in Dubai. Diganta had previously been arrested and subsequently released on bail. The ED initiated this action after detecting large-scale financial transactions in his bank accounts recently.
Meanwhile, the ED also raided the residence of Saurabh Chattopadhyay, a resident of Kuchil Sarkar Lane under the Batra police station area in Howrah. He is alleged to have links with several chit fund companies and is also involved in stock market trading.
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The ED also conducted a search at the residence of businessman Subhrakanti Nag (alias Babai Nag) in Kalinarayanpur, Nadia. It is alleged that he defrauded people by raising funds under the guise of stock market training and investment through an entity named 'Stock Gurukul'.
The agency is examining documents related to financial transactions and investors in this case. According to preliminary information, the businessman and his family members were not at home at the time of the raid.