ED raids Delhi-NCR travel firms for alleged fraud, seizes Rs 3.57 cr cash

The Enforcement Directorate has seized Rs 3.57-crore cash after raiding tours and travel firms and their CAs in Delhi-NCR to probe alleged irregularities in processing of e-visa applications for foreigners wishing to travel to India.

The central probe agency said on Saturday it raided eight locations in Delhi and Ghaziabad on July 9 under the Foreign Exchange Management Act (FEMA).

The raids were carried out at the residences and offices of directors of several tour and travel companies and their chartered accountants and Rs 3.57-crore cash along with incriminating documents and digital records were seized, the agency said in a statement.