ED Conducts Major Raids in Mumbai; ₹59 Crore Assets Seized in Lodha Group Money Laundering Probe
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Summary
The Enforcement Directorate conducted raids at 14 locations in Mumbai, seizing assets worth ₹59 crore in a money laundering investigation against Lodha Developers Ltd. Rajendra Lodha allegedly diverte...
Key Details
Published
14 November 2025 at 01:00 pm
Source
The 420
Channel
NA
Victim Profile
NA
State
Maharashtra
City
Mumbai
Amount Loss Range
> ₹10000000
Fraud Keywords
corporate fraudsiphoning fundsundervalued property salesproxy entitiesfabricated documentsunauthorized asset transfersinflated mousdiversion of fundsmoney laundering