Enforcement Directorate (ED) on Saturday said that it carried out search operation at 13 premises in Jalgaon, Nashik, and Thane as part of a money laundering investigation.ED said that the raids were carried in case related to loan fraud .
The agency found that a large amount of stock in trade was found to be completely missing. "Against a declared stock of more than 1,284 kg of jewellery, ED could trace only around 40 kg of jewellery.