ED, Lucknow has conducted searches under the provisions of the PMLA, 2002 at seven locations in Noida, Delhi and Gurgaon on 24/04/2025 in the case of FIIT-JEE Fraud Case. The search operations were carried out at the residences of the Director D.K. Goel, CEO, COO, and CFO, as well as at the official premises of FIIT-JEE Coaching Institute. During the search operations, various incriminating documents, digital devices, Cash of Rs. 10 Lakh and Jewellery worth Rs. 4.89 Crore were seized

"On 26/04/2025, the Enforcement Directorate (ED) issued an update regarding ED, Lucknow has conducted searches under the provisions of the PMLA, 2002 at seven locations in Noida, Delhi and Gurgaon on 24/04/2025 in the case of FIIT-JEE Fraud Case. The search operations were carried out at the residences of the Director D.K. Goel, CEO, COO, and CFO, as well as at the official premises of FIIT-JEE Coaching Institute. During the search operations, various incriminating documents, digital devices, Cash of Rs. 10 Lakh and Jewellery worth Rs. 4.89 Crore were seized. The searches revealed substantial financial irregularities, including the collection of approximately Rs. 206 Crore from students for educational services that were not delivered. The ED initiated investigation against FIIT-JEE and its senior management on multiple FIRs alleging large-scale financial fraud and criminal breach of trust."