New Delhi, April 26 -- Two days after raiding the premises of coaching institute FIITJEE, the Enforcement Directorate (ED) has said that the organisation collected over Rs. Rs.200 crore from more than 14,000 students as fees for educational services but did not deliver them.

The ED's findings indicate "serious" financial irregularities and siphoning of funds.

The ED probe on FIITJEE found that the coaching institute collected around Rs.250.2 crore from a total of 14,411 students for four academic sessions between 2025-26 to 2028-29.

"Substantial amounts were collected from students of currently running batches by FIIT-JEE under the pretext of providing educational services, which were ultimately not delivered," the federal probe agency...