Enforcement Directorate files chargesheet against FIITJEE for ₹85 crore misappropriation
1 report, 1 independent
Updated 00:00
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
The Enforcement Directorate filed a chargesheet against FIITJEE Ltd. and its director couple, Dinesh Kumar Goel and Monila Goel, in Ghaziabad. The prosecution complaint alleged the misappropriation of over ₹85 crore collected from students for competitive coaching programs. The investigation revealed that the institute continued to admit students and collect fees for programs running until March 2029, even after it knew it could not deliver the classes.
From livemint.com
Why it matters
The charges relate to the diversion of student fees, which totaled ₹85.79 crore. The institute abruptly shut down 32 coaching centers between May 2024 and February 2025, leaving 14,411 enrolled students without the services they had paid for.
From livemint.com
Who's involved
- GhaziabadThe location where the Enforcement Directorate filed the chargesheet.
- Brijesh KumarOne of the directors charged in the misappropriation case.
Possible ripples
Who this could reach next, traced step by step from the reporting. Possibilities worth considering, not forecasts.- Allahabad High Court may review FIITJEE's ₹85 crore money laundering caseThe Allahabad High Court may review FIITJEE's ₹85 crore money laundering casePossible
- FIITJEE fraud may erode trust and increase compliance risk in higher educationFraud at FIITJEE may erode consumer trust and increase compliance risk in higher education prepPossible