LUCKNOW, Aug. 26 -- The Directorate of Enforcement (ED), Lucknow zonal office, seized unaccounted cash amounting to Rs.3.80 crore during searches at 11 premises in Uttar Pradesh and Haryana on Monday in connection with a money laundering investigation into the alleged fraudulent availment and passing of Input Tax Credit (ITC) without any actual movement of goods, informed senior ED officials here on Tuesday. The searches were conducted at premises in Muzaffarnagar and Ghaziabad in Uttar Pradesh and Faridabad in Haryana on Monday under the provisions of the Prevention of Money Laundering Act (PMLA), 2002. Besides the cash, the agency recovered and seized incriminating documents and digital devices containing evidence allegedly linked to the generation and circulation of fraudulent ITC. The case pertains to an alleged network involving an exports and imports firm and several bogus or non-existent entities that were purportedly used to generate and pass on fraudulent ITC through fabricated invoices and E-way bills without any actual supply or movement of goods. According to the ED investigation, the network allegedly created a chain of fictitious transactions involving multiple entities. The agency found evidence of circular transactions, rapid layering of funds, and subsequent cash withdrawals, indicating an alleged mechanism to circulate and conceal proceeds generated through fraudulent ITC transactions....