ED searches premises linked to YSR Congress leader in chit fund caseThe Enforcement Directorate searched premises linked to YSR Congress leader Malla Vijaya Prasad in Visakhapatnam and Hyderabad as part of its money laundering investigation into an alleged multi-state chit fund scam. The raids were reported to be part of the investigation by the Central agency into the allegations of money laundering probe into alleged multi-state chit fund scam. In 2021, Odisha police arrested him for his alleged involvement in the 2019 chit fund case. In 2016, the CBI also registered two cases against him in connection with the chit fund scams. He joined YSR Congress before the 2019 elections and contested unsuccessfully from the same constituency.