New Delhi – In a fresh twist to the sudden and shocking shutdown of several FIITJEE coaching centres earlier this year, the Enforcement Directorate (ED) on Thursday (April 24) conducted searches at 8 locations across Delhi, Noida, and Gurugram. The investigation is linked to suspected financial irregularities involving the coaching institute's promoters, including senior figure D.K. Goel, sources said.

ED Raids FIITJEE in Money Laundering Probe Across Delhi-NCR

The Enforcement Directorate (ED) on Wednesday raided eight locations in Delhi, Noida, and Gurugram as part of a money laundering case linked to coaching giant FIITJEE.

The action follows FIRs filed by the Delhi Police’s Economic Offences Wing after parents accused the institute of shutting down centres without notice despite collecting full-year fees.

The raids are being conducted under the Prevention of Money Laundering Act (PMLA) against FIITJEE promoters and owners.

Sudden Closure Leaves 12,000 Students in Limbo

The controversy first sparked public outrage in January 2025, when the abrupt closure of FIITJEE centres in multiple cities blindsided parents and students. Several families claim they had paid full-year fees in advance, only to find locked gates and no prior notice.

“We trusted them with our children’s future, and then they just disappeared,” said Rajesh Singh, a parent from Noida whose son was enrolled in a two-year JEE program.

More than 12,000 students have reportedly been affected by the sudden closure, with parents alleging a complete lack of communication and even refusal of refunds by some centre operators.

ED Searches Promoters' Homes, Offices

According to sources close to the matter, Thursday’s ED action targeted both residential premises and business offices of individuals allegedly involved in the financial mismanagement. Among them is D.K. Goel, a well-known name in the coaching industry and co-founder of FIITJEE.

Initial findings suggest a possible diversion of funds collected from students towards unrelated businesses and personal investments. Officials are also probing potential violations under the Prevention of Money Laundering Act (PMLA).

The ED has yet to make a formal statement, but sources confirm that digital records, transaction files, and property documents were seized during the operations.

#दिल्ली, #नोएडा #गुरुग्राम में #FIITJEE कोचिंग के मालिक डीके गोयल के 8 ठिकानों पर #ED की छापेमारी।
मनी लॉन्ड्रिंग एक्ट के तहत कोचिंग सेंटर के मालिकों और प्रमोटरों से जुड़े ठिकानों पर मारा गया @myogiadityanath@narendramodi @NareshNautiyall #student @siddhu_sadhana @Sonu861242 pic.twitter.com/4eyIL8PHlJ

— BULLET NEWS INDIA (@Bulletnewsindia) April 24, 2025

Parents Demand Justice and Accountability

Affected families have since filed multiple police complaints, and online forums are flooded with demands for refunds and government intervention. Some groups have even approached the Consumer Affairs Ministry, calling the act "fraud disguised as education."

“Not just our money, our trust has been broken,” one parent wrote on X (formerly Twitter). “Coaching is not a luxury for us—it’s a hope.”

The Fall of a Coaching Giant?

Founded in 1992, FIITJEE was once a powerhouse in IIT-JEE coaching, with a strong presence in over 50 cities. But in recent years, the brand faced rising competition from edtech players and internal restructuring pressures. Still, the complete collapse of several centres overnight took everyone by surprise, even those in the coaching sector.

Many now believe that the sudden closures weren’t just financial troubles—but part of a larger scheme involving misuse of funds and questionable corporate practices.