ED raids 14 locations in Power Bank app fraud, seizes diamonds and gold worth Rs 10 crore

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  • Enforcement Directorate (ED) raids 14 locations in connection to the Power Bank app fraud.
  • Searches were conducted in premises belonging to Sagar Diamond Limited, RHC Global Exports Limited, their director Vaibhav Dipak Shah, and their associates in Surat SEZ, Ahmedabad, and Mumbai.
  • ED seized diamonds and gold worth Rs 10 crore.