ED cracked down on NOIDA based company for uploading pornographic content on internet

The Enforcement Directorate (ED) has busted an illegal remittance scheme made by a Noida-based company for uploading pornographic content on the Internet. During the investigation, the ED uncovered an illicit adult webcam streaming operation based in the region, where a couple was found running the business from their residential premises. The operation involved recruiting webcam models through social media platforms, with the models performing live-streaming services for an adult entertainment company based in Cyprus. 

The couple misled banks by



categorizing foreign remittances as payments for advertising, market research, and public opinion polling services, thereby circumventing financial regulations. Investigations revealed that the couple received more than 15 crore rupees in foreign remittances, with 75 percent of the funds retained by them and the remainder paid to the models. The ED’s probe has raised concerns over potential violations of the Foreign Exchange Management Act (FEMA), including the illegal receipt of foreign funds under false pretenses and tax evasion.