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ED Raids Music Company Directors House in Munger

The Enforcement Directorate (ED) carried out a search operation on Thursday morning at the residence of Jitendra Kumar Rajeev, Director of Jollywood Music Company, in Munger district of Bihar. The action is linked to an investigation into an alleged multi-crore investment fraud and suspected money laundering.

According to available information, the ED team reached the residence in Naya Tola Phoolka under the Jamalpur police station area early in the morning. Officials began the search before most local residents had started their day. More than half a dozen officers participated in the operation.

During the raid, investigators examined important documents, financial records, electronic devices, and other materials that may help establish the flow of funds. The agency is reportedly investigating allegations that large sums of money were collected from investors and may have been misused or diverted.

Officials are trying to determine how the collected funds were managed and whether any financial transactions violated money laundering laws. If evidence of illegal financial activities is found, further legal action may follow.

Security arrangements were maintained throughout the operation, and the area remained under the control of the investigating team during the search. The raid also drew the attention of local residents, many of whom gathered near the location as the operation continued.

The Enforcement Directorate has not yet issued a detailed official statement regarding the findings of the search. The investigation remains ongoing, and further action will depend on the examination of documents and evidence collected during the raid.

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BY shirin ·