ED raids five locations in Bihar’s Muger in digital job scam
During the search operations, various incriminating documents about immovable property, bank account details, agreements, investment details, list of investors, etc were recovered and seized, which are being scrutinised to proceed further under the provisions of PMLA, 2002.
The Directorate of Enforcement (ED), Patna Zonal Office, carried out search operations on August 6, 2026, at five locations in Munger District, Bihar, under the Prevention of Money Laundering Act (PMLA) 2002. The investigation focused on investment fraud committed by M/s Jollywood Music Industries Pvt. Ltd. and M/s DLMS Jollywood Music Pvt. Ltd., which are controlled by the Munger family, led by Jitendra Kumar Rajeev and his associates.
The scam allegedly promised job opportunities and doubled investment returns. Potential investors were lured by the promise of earning ₹15,000 monthly by investing ₹2,56,500 and watching 4800 audio/videos on the company's website per month. The company offered additional incentives for recruiting new investors and even promised bikes and cars for successful recruiters.
However, the ED revealed that software engineers intentionally slowed down the website, making it impossible for users to complete the required tasks. This manipulation prevented investors from meeting the conditions for payouts. The total amount invested in the scheme amounted to around ₹11.67 Crore. The ED registered an FIR under various sections of the Benami Transactions (Prohibition) Act, 1988, against Jitendra Kumar Rajeev, Dheeraj Kumar, and others.
Investigations began in 2025, and it was discovered that the accused diverted the investments for acquiring immovable properties. During the search operations, various documents related to immovable properties, bank accounts, agreements, investment details, and lists of investors were seized from the directors, technical experts, singers, and others involved in the scheme. These documents are currently under scrutiny to proceed further under the PMLA 2002. Further investigation into the matter is ongoing.
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