Jet Airways Investor’s Property Raided in Liechtenstein, Austria

Prosecutors in Liechtenstein, Switzerland and Austria raided multiple properties linked to Florian Fritsch, one of the investors trying to revive India’s Jet Airways, as part of a broader investigation into suspected fraud and money laundering.

Police investigators in the small Alpine principality are evaluating the confiscated evidence from the raids conducted on Oct. 26, Liechtenstein’s Prosecutor General Robert Wallner said in an emailed response to questions, without naming Fritsch. Authorities raided the properties and froze other assets tied to Fritsch, said a person with knowledge of the raids, who didn’t want to be identified discussing an ongoing probe.

Fritsch ...