The investigation into the Luthra brothers has intensified following a tragic fire at a club in Goa. The Enforcement Directorate (ED) has launched comprehensive raids at multiple locations as part of the money laundering case.
ED Goa raid: Key developments in investigation
The ED’s current operation has targeted eight locations, including residential areas in Goa and Delhi. Those involved include Mr. Gupta, who is a director of a company linked to the Luthra brothers.
Suspicion of financial fraud
Sources said the ED suspects that the Luthra brothers are involved in a fraud scheme worth several crores. Authorities believe that he diverted large amounts of funds from banking institutions to his personal accounts for fraudulent financial activities.
Background of the incident
After the club fire incident with tragic consequences, the Luthra brothers fled to Thailand. Their subsequent return led to increased scrutiny of their financial transactions.
- Location attacked: 8 facilities (3 in Goa and 5 in Delhi).
- Main characters: Luthra brothers, Mr.Gupta.
- Details of the complaint: Possibility of money laundering and fraud involving tens of millions of yen.
The ED’s ongoing investigation aims to unearth further evidence regarding financial irregularities related to the business operations of the Luthra brothers. Further updates are expected as the case develops.