Browsing Tag

illegal betting India

2 posts
The Enforcement Directorate has attached ₹18.10 crore in assets linked to the 1xBet betting case, uncovering a complex network involving mule accounts, UPI payments, and digital ad promotions.

ED Attaches ₹18.10 Crore Assets in 1xBet Case; Probe Finds Illegal Betting Network Using UPI Mule Accounts

The Enforcement Directorate has attached ₹18.10 crore in assets linked to the 1xBet betting case, uncovering a complex network involving mule accounts, UPI payments, and digital ad promotions.
The ED has attached properties worth over ₹51 crore linked to Ocean Seven Buildtech in a money laundering case involving diversion of funds collected from homebuyers for incomplete affordable housing projects. Promoter Swaraj Singh Yadav is accused of orchestrating the fraud through arbitrary cancellations, inflated resales, and misuse of escrow funds. Probe continues.

ED Attaches Assets Worth ₹307 Crore Linked to Illegal Betting App ‘Fairplay’

The Enforcement Directorate has provisionally attached assets worth ₹307.16 crore in connection with the Fairplay betting app probe, taking the total seizures in the case to ₹651.31 crore. The assets include Dubai properties and bank balances linked to mastermind Krish L Shah and associates.