<h1>Enforcement Directorate raids firms for Rs 750 crore fake GST invoice fraud under PMLA Section 3 and 4</h1> The Enforcement Directorate conducted raids across multiple states under the Prevention of Money Laundering Act in connection with a Rs 750 crore fake GST invoice fraud involving shell companies and unauthorized financial channels. The investigation follows the arrest and chargesheeting of a key individual linked to the scheme. The current searches are based on credible evidence suggesting the involvement of several individuals and firms in laundering criminal proceeds related to fraudulent Input Tax Credit claims. This action is part of an ongoing probe that began with initial searches earlier in the year.