💨 Abstract

The Enforcement Directorate (ED) has accused the FIIT JEE coaching institute of collecting over Rs 200 crore from thousands of students but failing to deliver educational services, indicating serious financial irregularities. The ED seized Rs 10 lakh in cash and jewellery worth Rs 4.89 crore during raids on seven premises, including those of the institute's director and executives.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖