Enforcement Directorate seizes ₹1.21 crore cash, jewellery worth ₹5.51 crore after raids in investment fraud case

“The searches were launched on March 3 at 15 places in Nagpur and Mumbai and covered the premises of “main accused” Pankaj Mehadia, Lokesh Jain and Karthik Jain apart from main beneficiaries,” it said.