ED raids 40 locations in 4 states in ISIS-linked money laundering probe

• ED raided 40 locations across four states in a money laundering probe linked to an alleged ISIS-inspired radical module.
• The searches were conducted under the Prevention of Money Laundering Act (PMLA) based on NIA charge sheets.
• Locations included Padgha-Borivali, Ratnagiri, Delhi, Kolkata, and Uttar Pradesh.
• The ISIS module is suspected of involvement in recruitment, training, weapons procurement, and fundraising.
• Proceeds from illegal Khair wood sales are suspected to have been diverted to support extremist activities, according to Mumbai ATS inputs.

Why It Matters: It details efforts to dismantle ISIS terror funding networks threatening national security.