ED conducts search operations at 6 locations in Andhra Pradesh, Telangana

The accused persons thus acted as loan aggregators and ultimately used the loan amounts for their gains, including investment in their businesses and acquisition of properties in the names of family members and other persons, added the press release. The press note further mentioned that the searches were conducted at the residences and office premises of loan aggregators, which resulted in the recovery and seizure of digital devices and incriminating documents revealing numerous immovable and movable properties acquired from the proceeds of crime.