The Enforcement Directorate (ED) on Wednesday reportedly conducted search operations at 13 locations across Mumbai and Thane — including Worli and Dombivli — in connection with an ongoing money laundering probe involving former Lodha Developers Ltd director Rajendra Lodha.

The action reportedly stems from an FIR filed by Lodha Developers (now Macrotech Developers Ltd), which has alleged that Rajendra Lodha misused his position between 2013 and 2025 to defraud the company of around Rs 85 crore through unauthorised land transactions, undervalued plot sales, and bogus acquisitions.

According to ED sources, the searches were aimed at tracing the alleged proceeds of crime and identifying entities suspected to be linked to the transactions under scrutiny. Rajendra Lodha was earlier arrested by the Mumbai Police Crime Branch in September in connection with the same case.

A total of ten persons, including Rajendra Lodha, have been named as accused in the case. Sources said that the ED teams searched residential and business premises at multiple sites — including Worli, Dombivli, and Thane — until late evening.

Officials said the investigation is being carried out in coordination with other agencies to trace the financial trail and locate assets allegedly purchased using diverted funds.

Source