A high-stakes ED operation unfolded across multiple states, dismantling a sophisticated job placement fraud that swindled thousands. Raids targeted the nerve centers of the racket in Delhi, Mumbai, Lucknow, and Jaipur, yielding a treasure trove of evidentiary materials.
The agency’s teams, armed with search warrants, unearthed forged documents, transaction ledgers, and communication logs detailing how fraudsters enticed candidates with dream jobs in PSUs and MNCs. Payments were funneled through layered bank accounts to obscure the money trail.
Eyewitnesses described tense scenes as ED officers sealed premises and grilled employees on the spot. Cash recoveries exceeded Rs 20 lakhs, alongside gold jewelry suspected to be proceeds of crime.
The scam’s modus operandi involved glossy brochures, video calls mimicking corporate setups, and even fake joining dates. Defrauded individuals, spanning fresh graduates to mid-career professionals, have approached police with tales of betrayal.
Legal experts predict stringent PMLA charges, including asset attachments, as the investigation uncovers political linkages and inter-state operations. This bust aligns with ED’s recent successes in similar cyber-fraud cases.
In a nation grappling with graduate unemployment, such exposés serve as wake-up calls. The government has ramped up awareness campaigns, but enforcement remains key. Stay tuned as ED’s findings could lead to high-profile arrests and policy reforms to safeguard job aspirants.