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<h1>Maharashtra Co-op Credit Society Promoter Arrested for Allegedly Defrauding Investors of Rs 2,400 Crore; Properties Attached.</h1> The Enforcement Directorate (ED) has arrested a promoter of a Maharashtra-based cooperative credit society for allegedly defrauding investors of over Rs 2,400 crore. The individual was taken into custody as part of an investigation into Dnyanradha Multistate Co-operative Society Ltd (DMCSL). A special court in Mumbai has remanded the individual to ED custody. The society, managed by the promoter and associates, offered high-interest deposit schemes but failed to repay investors, leading to allegations of embezzlement and fraudulent diversion of funds to companies within the promoter's group. The ED has attached properties worth over Rs 1,400 crore in connection with the case.