ED raids Durg in bank fraud case, one arrested

Mumbai: The Enforcement Directorate (ED) arrested Topworth Group MD Abhay Narendra Lodha in a case related to bank fraud and presented him in PMLA Court, Mumbai. The court has given ED custody for 10 days till September 8.
In a social media post issued by the Enforcement Directorate, it was told that a search operation was conducted on August 30 at 12 places in Mumbai, Pune, Nagpur, Durg and Delhi. During the search operation, details of undeclared properties and companies, foreign exchange and shell companies, various incriminating documents and media have also been recovered and seized. In view of the involvement of Topworth Group MD Abhay Narendra Lodha in the case, he has been arrested.