Income Tax department officials have begun simultaneous searches in Perambalur-headquartered Dhanalakshmi Srinivasan Group of Institutions on Thursday.
Preliminary reports said the searches were also being carried out at the house of the institution founder Srinivasan in Tiruchi besides a chit fund office here.
Split into teams, the I-T officials are conducting searches at over 10 places in Perambalur including a medical college run by the institution at Siruvachur.
The teams are conducting searches at premises along the Thuraiyur road. It is said that the searches which commenced at around 8 am were also being carried out the houses of the founder' s family members at Perambalur.
Further details are awaited.