Mahadev Online Book Is An Umbrella Syndicate, Says ED
The searches also resulted in seizure of large amounts of incriminating evidence including digital data and identification of assets.
The Enforcement Directorate made startling revelations through its X account on social media about the raids it conducted, and the investigation it is carrying out in the context of Mahadev online betting app.
During the investigation ED found that “Mahadev Online Book” is an umbrella syndicate arranging online platforms for enabling illegal betting websites to enrol new Users, create User IDs and laundering of money through a layered web of benami bank accounts.
ALSO READ
ED also mentioned that recently it had conducted wide spread searches against the money laundering networks linked with Mahadev Online Book in Kolkata, Gurugram, Delhi, Indore, Mumbai & Raipur and retrieved cash of Rs 1.86 Crore, valuables worth Rs 1.78 crore. and has also frozen/identified proceeds of crime worth Rs 580.78 crore.
The searches also resulted in seizure of large amounts of incriminating evidence including digital data and identification of assets. Total attachment/freezing in the case stands at Rs 1,296.05 crore.
RECENT STORIES
-
Cooking Up A Storm With Jamie Lever: I Enjoy My Food And I’m Really Grateful That I Get To Eat A... -
EXCLUSIVE: Yami Gautam Dhar’s Co-Actor Raj Arun Reacts On His Role Being Chopped And Why He... -
Ankur Rathee On His Character In Undekhi 3: 'I Wish Daman Had More Of Spine' (EXCLUSIVE) -
Bhopal: Reading Holmes Helps You Think Like Sherlock To Solve Problems -
T&CP Seeks Map From NRSC To Prepare Fresh Bhopal Master Plan