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of <h1>FIIT JEE Accused of Rs 200 Crore Fraud, Coaching Institute Faces Money Laundering Charges After Sudden Closures</h1> The Enforcement Directorate alleged that FIIT JEE coaching institute collected over Rs 200 crore from students without delivering educational services. The agency conducted raids across seven premises, seizing cash and jewelry, and filed a case under the Prevention of Money Laundering Act. Multiple police complaints accused the institute of financial fraud, with 32 coaching centers abruptly shut down, impacting around 15,000 students and parents.
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