Two days after raiding the premises of teaching institute FIITJEE, the Enforcement Directorate (ED) has stated that the organisation collected over ₹ ₹200 crore from greater than 14,000 college students as charges for instructional companies however didn’t ship them.
The ED’s findings point out “severe” monetary irregularities and siphoning of funds.
The ED probe on FIITJEE discovered that the teaching institute collected round ₹250.2 crore from a complete of 14,411 college students for 4 tutorial periods between 2025-26 to 2028-29.
“Substantial quantities had been collected from college students of presently operating batches by FIIT-JEE below the pretext of offering instructional companies, which had been in the end not delivered,” the federal probe company stated.
(This can be a growing story. Examine again for updates)
