The Enforcement Directorate on Wednesday alleged that online betting sites “operated” by arrested Karnataka Congress MLA K C Veerendra collected funds worth more than Rs 2,000 crore in a short span of time.
It also claimed that Veerendra, the “prime accused” in a case linked to alleged cheating of public through illegal online betting, and his associates in Dubai were operating several gaming websites by using various gateways and fintech service providers for layering of funds and for masking their “illicit” activities as genuine e-commerce businesses.
The federal probe agency had arrested the 50-year-old Chitradurga MLA late last month from Sikkim where he had gone on a business trip to lease a casino. He is currently in ED custody.
The agency took Veerendra into custody after conducting searches against him, his linked persons, family members and some others in the case.
The ED said in a statement that it conducted fresh searches in the case on Tuesday at Bengaluru and Challaker
The Enforcement Directorate on Wednesday alleged that online betting sites “operated” by arrested Karnataka Congress MLA K C Veerendra collected funds worth more than Rs 2,000 crore in a short span of time.
It also claimed that Veerendra, the “prime accused” in a case linked to alleged cheating of public through illegal online betting, and his associates in Dubai were operating several gaming websites by using various gateways and fintech service providers for layering of funds and for masking their “illicit” activities as genuine e-commerce businesses.
The federal probe agency had arrested the 50-year-old Chitradurga MLA late last month from Sikkim where he had gone on a business trip to lease a casino. He is currently in ED custody.
The agency took Veerendra into custody after conducting searches against him, his linked persons, family members and some others in the case.
The ED said in a statement that it conducted fresh searches in the case on Tuesday at Bengaluru and Challaker
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