ED raids 5 Bihar locations in ₹11.67 crore Jollywood Music fraud case
Synopsis
The ED has uncovered a calculated digital-task investment fraud in Bihar's Munger, where a music company allegedly sabotaged its own website to prevent investors from ever qualifying for payouts — after collecting over ₹11.67 crore. The twist: the company's own software engineer is accused of deliberately throttling the platform. Raids on directors, tech staff, and singers signal a wide enforcement net.
Key Takeaways
The ED's Patna Zonal Office searched five locations in Munger, Bihar on 6 August under the PMLA, 2002 .
The alleged fraud by Jollywood Music Industries and DLMS Jollywood Music Private Limited involved cumulative investor losses of approximately ₹11.67 crore .
Investors were promised ₹15,000 monthly for watching 4,800 audio/video clips after depositing ₹2,56,500 .
The company's software engineer allegedly slowed the website deliberately to prevent investors from completing tasks and claiming payouts.
Key accused include Jitendra Kumar Rajeev and Dheeraj Kumar ; investigation was taken up by the ED in 2025 .
Documents on immovable properties, bank accounts, and investor lists were recovered and are under scrutiny.
The Enforcement Directorate (ED) on Thursday, 6 August conducted search operations at five locations in Munger district, Bihar, seizing incriminating documents linked to an investment fraud of over ₹11.67 crore allegedly perpetrated by Jollywood Music Industries and its associated entity, DLMS Jollywood Music Private Limited. The searches were carried out by the ED's Patna Zonal Office under the provisions of the Prevention of Money Laundering Act (PMLA), 2002.
How the Fraud Operated
According to the ED, the scheme lured investors — predominantly from Jamalpur, Munger and surrounding areas — with promises of a 'digital job' and guaranteed returns. Investors were told that by depositing ₹2,56,500 and watching 4,800 audio/video clips on the company's website each month, they would earn ₹15,000 monthly.
The companies allegedly sweetened the offer further with promises of additional bonuses for higher engagement and recruitment of new investors, as well as material rewards — including bikes and cars — for those who brought in large numbers of participants. The structure bore hallmarks of a classic pyramid scheme layered over a digital-task facade.
The Deliberate Technical Sabotage
The ED's investigation revealed a calculated mechanism of deception at the core of the fraud. After collecting investments, the company's software engineer allegedly slowed down the website intentionally, making it technically impossible for users to complete the required monthly task of watching 4,800 audio/video clips. This deliberate throttling ensured investors could never meet the payout conditions, effectively trapping their money within the scheme.
Investors were also required to deposit 'security money' by choosing from one of two main investment slabs — an additional layer that increased financial exposure for victims.
Key Accused and Investigation Timeline
The ED initiated its probe on the basis of a First Information Report (FIR) registered under various sections of the Bharatiya Nyaya Sanhita (BNS), 2023, against Jitendra Kumar Rajeev, Dheeraj Kumar, and others. According to the agency, the entities were controlled by a family from Munger, led by Jitendra Kumar Rajeev and his associates.
The Patna Zonal Office formally took up the money-laundering investigation in 2025. During the course of the probe, investigators established that funds collected from investors were diverted and used to acquire immovable properties.
What Was Recovered in the Raids
Search operations were conducted at the residential premises of the company's directors, technical and software experts, singers, and others who allegedly facilitated the scheme. The ED recovered documents related to immovable property, bank account details, investment agreements, and a list of investors, all of which are currently being scrutinised for further action under the PMLA.
As the ED widens its net across Munger, further arrests or asset attachments under the PMLA are likely to follow as the document analysis progresses.
Point of View
Not just the promoters. Bihar has seen a cluster of such digital-scheme frauds in recent years, and the pattern of diverting proceeds into immovable property points to a laundering infrastructure that likely extends beyond Munger.
NationPress
7 Aug 2026
Frequently Asked Questions
What is the Jollywood Music Industries fraud case?
It is an alleged investment fraud in which Jollywood Music Industries and DLMS Jollywood Music Private Limited collected over ₹11.67 crore from investors in Munger, Bihar, by promising monthly earnings of ₹15,000 in exchange for watching 4,800 audio/video clips online. The company allegedly sabotaged its own website to prevent investors from qualifying for payouts.
Why did the ED raid locations in Munger, Bihar?
The ED conducted searches under the PMLA, 2002, to gather evidence of money laundering linked to the investment fraud. The agency found that funds collected from victims were diverted to acquire immovable properties, prompting searches at the homes of directors, software experts, and others connected to the scheme.
Who are the key accused in the Jollywood Music fraud?
The primary accused named in the FIR are Jitendra Kumar Rajeev and Dheeraj Kumar, along with associates. The entities were reportedly controlled by a family from Munger led by Jitendra Kumar Rajeev.
How did the fraud prevent investors from receiving payouts?
According to the ED, the company's software engineer allegedly slowed down the website intentionally after investments were collected, making it technically impossible for users to watch the required 4,800 audio/video clips per month — the condition needed to trigger monthly payouts.
What happens next in the ED investigation?
The documents recovered — including property records, bank account details, investment agreements, and investor lists — are being scrutinised under the PMLA. Further action, including asset attachments or arrests, is likely as the analysis progresses.
