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Mahadev App Promoters Plan Relocating Their Base To Zimbabwe

Inc42 · 1y ago

Mahadev App Promoters Plan Relocating Their Base To Zimbabwe

The promoters of the Mahadev betting app, involved in a high-profile scam, reportedly planned to move their operations from Dubai to Zimbabwe. One of the arrested associates was sent to Zimbabwe to explore the possibility, as the country does not have explicit laws against online betting. The Enforcement Directorate's investigation also revealed that one of the promoters, Ravi Uppal, was arrested in the UAE following an Interpol Red Corner Notice. The agency has initiated extradition proceedings against him. The chargesheet filed by the ED includes details of dummy companies, stock market investments, and recovered evidence such as a laptop with detailed earnings records.

Related News

Mahadev betting app case probe transferred to Mumbai crime branch

Inc42 · 1y ago

Mahadev betting app case probe transferred to Mumbai crime branch

The investigation into the Mahadev betting app case, which involves an alleged scam of INR 15,000 crore, has been transferred to the Mumbai Crime Branch. The controversial app allowed users to participate in live gambling for various sports and games. The case has implicated several individuals, including the app's promoters, Bollywood celebrities, and even the director and chairman of Dabur. The Enforcement Directorate has also alleged that the app's promoters paid a significant amount to the Chhattisgarh Chief Minister. The investigation is ongoing, and the promoters have denied any wrongdoing.

Mahadev Betting Scam: ED Arrests 2 More Accused, Probe Finds Manipulation Of Stocks

Inc42 · 1y ago

Mahadev Betting Scam: ED Arrests 2 More Accused, Probe Finds Manipulation Of Stocks

The Enforcement Directorate (ED) has arrested two more individuals, Girish Talreja and Suraj Chokhani, in connection with the Mahadev betting app scam. The ED launched an investigation based on FIRs filed by the Chhattisgarh Police and subsequently incorporated FIRs from the Visakhapatnam Police and other states. The probe revealed that Talreja has a stake in Lotus365, a sister concern of Mahadev Online Book, and is involved in illegal operations. The ED also discovered that Hari Shankar Tibrewal collaborated with the promoters of Mahadev Online Book in illegal betting activities and employed Chokhani to launder and disguise the proceeds of crime as share investments.

Mahadev App Scam: Chhattisgarh EOW Files FIR Against Former CM Baghel

Inc42 · 1y ago

Mahadev App Scam: Chhattisgarh EOW Files FIR Against Former CM Baghel

The Economic Offences Wing (EOW) in Chhattisgarh has filed a case against former chief minister Bhupesh Baghel and others in connection with the Mahadev online book illegal betting app scam. The case was registered based on an investigation report submitted by the Enforcement Directorate. Baghel and several app promoters have been named as accused in the FIR. The scam involved the creation of a platform for live online betting and the involvement of panel operators and branch operators. The promoters and operators reportedly earned around INR 450 Cr per month through the app.

EaseMyTrip co-founder Nishant Pitti under ED scanner in Mahadev App case

Entrackr

Entrackr · 4m ago

EaseMyTrip co-founder Nishant Pitti under ED scanner in Mahadev App case

The Enforcement Directorate (ED) on Wednesday carried out searches in multiple states as part of its probe into the Mahadev online betting app case, news agency PTI reported. The raids included the premises of EaseMyTrip founder and chairman Nishant Pitti. Citing unnamed officials, the report added that the searches were held in Delhi, Mumbai, Chandigarh, Ahmedabad, Indore, Jaipur, Chennai, and Sambalpur. The ED is investigating alleged money laundering linked to the Mahadev app, which is said to have been used for illegal betting activities. The Mahadev app is reported to have provided platforms for creating user accounts, enrolling new users, and handling funds through fake bank accounts. The ED has earlier claimed that the app’s promoters, Sourabh Chandrakar and Ravi Uppal, are from Chhattisgarh. The agency has also said that many senior politicians and government officers from Chhattisgarh may be involved in the operation and money transfers connected to the app. This is not the first time the ED has conducted raids in this case. Earlier searches were also held at various locations as part of the ongoing investigation.

Dabur Chairman & 30 Others Booked In Mahadev App Case

Inc42 · 1y ago

Dabur Chairman & 30 Others Booked In Mahadev App Case

Dabur chairman Mohit Burman, director Gaurav Burman, and 30 others have been booked by the Mumbai Police in connection with the Mahadev app scam. The FIR was registered based on a complaint filed by social activist Prakash Bankar, alleging fraud of INR 15,000 crore. Actor Sahil Khan is also named as an accused. Last month, the Enforcement Directorate filed a chargesheet against the promoters of the app and 12 other celebrities. The scam is estimated to involve proceeds of around INR 6,000 crore.

Now, Actor Sahil Khan Detained In Mahadev Betting App Case

Inc42 · 1y ago

Now, Actor Sahil Khan Detained In Mahadev Betting App Case

Bollywood actor Sahil Khan has been detained by Mumbai police in connection to the INR 15,000 Cr Mahadev online betting app case. Khan is one of 32 individuals charged with promoting the betting app. He has been sent to police custody until May 1. Khan is accused of promoting betting apps such as Lion Book and Lotus 24/7, which are connected to the Mahadev app. The Mumbai Crime Branch had summoned Khan and three others for questioning in December 2023 regarding their involvement in promoting the app.

Mahadev Betting App Scam: Mastermind Saurabh Chandrakar Arrested In UAE

Inc42 · 10m ago

Mahadev Betting App Scam: Mastermind Saurabh Chandrakar Arrested In UAE

- Chandrakar accused of money laundering and match-fixing in Indian cricket through the Mahadev app - Extradition request for Chandrakar from the UAE is expected from the Enforcement Directorate (ED) - Mahadev app was blocked by MeitY last year due to allegations of INR 15,000 Cr fraud - Chandrakar's involvement in money laundering and match-fixing of major cricket matches in India - Formal extradition request for Chandrakar likely to be made by the ED soon.

Arrests continue in Mahadev Betting app case: Two with ‘Close’ links to other accused held

Inc42 · 1y ago

Arrests continue in Mahadev Betting app case: Two with ‘Close’ links to other accused held

In relation to the Mahadev online betting app case, two individuals have been arrested by the Enforcement Directorate. The accused, Nitin Tibrewal from Kolkata and Amit Agrawal from Raipur, were apprehended under the Prevention of Money Laundering Act (PMLA). They were produced before a special court in Raipur and have been remanded to ED custody until January 17. The Mahadev app has been at the center of a gambling controversy, allegedly involving a sum of INR 15,000 Crore.

Chhattisgarh agency raids 29 places in Mahadev betting case

Inc42 · 1y ago

Chhattisgarh agency raids 29 places in Mahadev betting case

The Chhattisgarh Economic Offence Wing/Anti Corruption Bureau carried out raids at 29 locations across five districts as part of an investigation into the purported Mahadev betting app case. Earlier in March, the EOW/ACB initiated a case regarding the suspected Mahadev online betting case, prompted by a report submitted by the Enforcement Directorate (ED).

Govt issues orders to ban 22 illegal betting apps

Economic Times

Economic Times · 1y ago

Govt issues orders to ban 22 illegal betting apps

The Indian government has banned 22 illegal betting and gambling apps and websites, including the controversial app Mahadev Book Online. The Ministry of Electronics and Information Technology (MeitY) issued the order to block these apps and websites following investigations conducted by the Enforcement Directorate (ED) against Mahadev Book's unlawful operations. The ED had seized assets worth INR 417 crore in connection with the app in September and alleged that it made INR 450 crore per month by offering illegal bets through various online applications.

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