ED raids in Kolkata and Indore over investment fraud linked to PMLA case

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AI-generated summary of the coverage listed below: The Enforcement Directorate carried out raids in Kolkata and Indore on Thursday, targeting the Amrit group of companies and their directors. Authorities allege that the group solicited money from the public through various deposit schemes promising high returns, but failed to pay the promised returns. The operation is part of a broader investigation under the Prevention of Money Laundering Act, aiming to recover misappropriated funds and curb financial fraud.

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