Overview
- Officers searched two locations in Pune and three in Baramati, targeting properties linked to Vidyanand Dhairi and Anand Lokhande.
- Baramati Dairy Private Limited alleges it was cheated of Rs 10.21 crore, triggering the money-laundering inquiry.
- Complaints say businessmen were lured by promises of unusually high returns through a dairy-investment plan promoted in Mumbai and Pune.
- ED sources say some senior government officials also invested in the scheme and were allegedly cheated.
- Investigators are examining bank transactions and property documents to map fund movements and identify any additional players.