ED

The Enforcement Directorate (ED) conducted searches at seven places in Mumbai and Ahmedabad in a financial fraud case. The search operation began on Friday in a financial fraud case of Rs 196 crore. Suspicious financial transactions of more than Rs 100 crore were reported in Nashik Commercial Cooperative Bank. A complaint was filed at Malegaon Chawanni police station on November 7. It is alleged that more than Rs 100 crore has been deposited in 14 new accounts in Nashik Commercial Cooperative Bank. The ED received a complaint of illegal transactions. Based on that complaint, the ED started an investigation. On…