ED raids white gold company owner’s residence in city

 The Enforcement Directorate (ED) conducted a raid at the residence of the owner of White Gold Company in Koramangala, Bengaluru. The operation began early in the morning, with ED officials searching the premises as part of an ongoing investigation. According to sources, the raid was conducted in connection with alleged financial irregularities linked to the company. Officials scrutinized documents, electronic records, and other crucial materials as part of their probe. While no official statement has been released, reports suggest that the ED is investigating possible violations of financial regulations and money laundering activities. The White Gold Company, known for its business operations in the gold and jewelry sector, has been under the scanner of financial agencies for some time. Authorities suspect discrepancies in its transactions, prompting the ED to take action. The raid has sparked speculation in business and legal circles, with many awaiting further developments. If the allegations are substantiated, legal proceedings could follow. Meanwhile, officials are expected to continue their investigation in the coming days, possibly extending the probe to other associates of the company. More details are awaited as the investigation unfolds. During the raid, ED officials reportedly seized several financial documents, digital records, and bank statements for further scrutiny. Investigators are examining possible links to money laundering and tax evasion, which could have wider implications for the company’s operations. Sources suggest that key company officials may be summoned for questioning in the coming days.