The Enforcement Directorate on Wednesday conducted searches in Punjab and some other states as part of a money-laundering investigation against a Delhi-based payment aggregator platform in an alleged cyber fraud case, officials said.
They said premises in Delhi-NCR, Ludhiana and Mandi Gobindgarh (Fatehgarh Sahib district) in Punjab and Agra in Uttar Pradesh were raided in the case against Pay10 Services Pvt Ltd (formerly known as Bhartipay Services Pvt Ltd).
Pay10 did not immediately respond to an email query.
The probe in this case is being conducted under the Prevention of Money Laundering Act (PMLA) and pertains to alleged cyber fraud cases.
Officials said that cash and electronic devices were seized during the searches.
