ED raids Baramati, Pune in ₹10 Cr dairy investment fraud

• ED conducted simultaneous raids at 5 locations (3 in Baramati, 2 in Pune) in connection with a multi-crore investment scam.
• The scam involved defrauding investors of over ₹10 crore by promising high returns on dairy sector investments.
• A couple, Vidyanand Dhayari and Anand Lokhande, are accused of orchestrating the fraud, impacting businessmen and senior government officials.
• Baramati Dairy Private Limited filed a complaint, alleging a fraud of ₹10.21 crore by the accused couple.

Why It Matters: ED raids reveal a 10 crore dairy investment scam, impacting investors and officials.