Enforcement Directorate raids online gaming firms

The Enforcement Directorate (ED) on Wednesday said that they recently carried out search and seizure operations at 25 premises in a FEMA violation case lodged against foreign registered online gaming companies and websites operating in India.
Enforcement Directorate raids online gaming firms
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NEW DELHI: The Enforcement Directorate (ED) on Wednesday said that they recently carried out search and seizure operations at 25 premises in a FEMA violation case lodged against foreign registered online gaming companies and websites operating in India. The ED's probe suggests that more than Rs 4,000 crore was sent abroad through shell firms. The ED said that the raids were conducted at 11 locations in Delhi, seven locations in Gujarat, four locations in Maharashtra, two locations in Madhya Pradesh and at one location in Andhra Pradesh. (IANS)

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