New Delhi, Sept. 18 -- The Enforcement Directorate (ED) on Friday conducted search and seizure operations at seven locations across Jharkhand and Odisha as part of its ongoing probe into an alleged scam involving officials of the Jharkhand State Co-operative Bank (JSCB), officials said.

The searches were carried out under Section 17 of the Prevention of Money Laundering Act (PMLA) in connection with an alleged large-scale fraud at the JSCB's Seraikela branch in Jharkhand.

The raids have been underway since early Friday based on certain inputs covering the premises of suspects in the case in close coordination with state police and security forces.

Officials said the case relates to the alleged fraud perpetrated upon the bank by busines...