<span style="color: #222222;">The Enforcement Directorate has conducted searches at eight different locations in Delhi and Ghaziabad. This includes residences and offices of directors of several tour and travel companies and their chartered accountants. </span><br />'' <br />'' <span style="color: #222222;">According to a release, incriminating documents and cash of 3.57 crore rupees have been seized. The action has been taken under Foreign Exchange Management Act in a case related to unauthorized dealings in foreign exchange.</span><br />'' <span style="color: #222222;"> </span><br />'' <span style="color: #222222;">Investigations were initiated on the basis of specific inputs that these entities were involved in unauthorized receipt of foreign remittances through payment gateways in the name of providing e-visa services to foreigners. It has been revealed that two such entities received foreign remittance of more than 200 crore rupees for processing Indian e-visa applications of foreigners without any authorization from the Indian government. </span><br />'' <br />'' <span style="color: #222222;">These entities were also involved in high value suspicious transactions. The seizure of unaccounted cash has raised further suspicion about the operations of such entities and their blatant violation of the statutory requirements.</span><br />''