https://www.taxtmi.com/news?id=42071 Allegations detail systematic collection of large tuition fees without delivering promised educational services, with funds diverted for personal and unauthorised use. Investigative searches at multiple management and company premises yielded cash, jewellery, documents and digital devices; preliminary analysis suggests coordinated financial irregularities and siphoning of receipts. The probe, initiated on police complaints alleging criminal breach of trust and financial fraud, has resulted in asset seizures and investigation across several coaching centres following abrupt closures and unpaid faculty salaries. en-us Sat, 26 Apr 2025 15:31:04 +0530 Sat, 26 Apr 2025 15:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=42071 Allegations detail systematic collection of large tuition fees without delivering promised educational services, with funds diverted for personal and unauthorised use. Investigative searches at multiple management and company premises yielded cash, jewellery, documents and digital devices; preliminary analysis suggests coordinated financial irregularities and siphoning of receipts. The probe, initiated on police complaints alleging criminal breach of trust and financial fraud, has resulted in asset seizures and investigation across several coaching centres following abrupt closures and unpaid faculty salaries. News - Sat, 26 Apr 2025 15:31:04 +0530 https://www.taxtmi.com/news?id=42071