Actor Rana Daggubati on Monday appeared before the Enforcement Directorate (ED) here in connection with a money laundering case involving illegal online betting and gambling by certain platforms.
The federal agency has issued summons to four actors--Prakash Raj, Vijay Deverakonda, Rana Daggubati and Lakshmi Manchu-- last month, asking them to appear on different dates at the agency's zonal office here for questioning in the case.
Raj and Deverakonda earlier appeared. The actors had "endorsed" online betting apps allegedly involved in generating "illicit" funds, according to official sources.
During their appearance, the agency is expected to record the statements of the actors under the provisions of the Prevention of Money Laundering Act (PMLA).
The ED had taken cognisance of as many as five state police FIRs to register its case against these actors and a number of other celebrities and social media influencers.
These individuals are suspected to have "endorsed" online betting apps for a celebrity or endorsement fee, ED sources said.
These platforms are alleged to have generated "illicit" funds through illegal betting and gambling, worth crores of rupees, they said.
Deverakonda, had recently said that he did an endorsement for a gaming app, adding that gaming apps are completely legal and recognised by the government, licensed as a business.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)