The Enforcement Directorate (ED) conducted raids on December 4, 2025, across three cities in Uttar Pradesh. At least 20 premises in Noida, Ghaziabad, and Meerut were searched. This operation is linked to a ₹300 crore money-laundering investigation into a Jharkhand-based ponzi scheme called Maxizone. Two accused, Chandra Bhushan Singh and Priyanka Singh, allegedly ran the scheme. They are in judicial custody after being arrested by Jharkhand Police several months ago. The Ranchi zonal office of the ED is leading the search. Officials said, "It is alleged that the investors were duped for more than ₹300 crore by promising unrealistic returns through the scheme."