The international betting racket on the ongoing cricket world cup, busted yesterday, could have involved transactions worth over Rs 4,000 crore a year, an official of the Enforcement Directorate said here today.
The ED arrested bookies Kiran Mala and Tommy Patel from a farmhouse near Vadodara city yesterday during a raid, and seized 15 laptops, 100 cell-phones and some other electronic devices.
A search at Mala's Maninagar house late last night led to discovery of some documents related to the betting network, and 40 revolver cartridges.
"So far the ED has arrested 13 persons, which includes 11 punters who worked for these two men. Today the ED recovered Rs 25 lakh from a punter who lived here," said the official.
Accordingly, Tommy Patel is a councillor of Unjha municipality in Mehsana district; he had been arrested for involvement in IPL spot-fixing case in 2013. He was accused of paying Rs 1 lakh to a city-based cricketer to fix a match, and got bail later.
Mala and Patel took bets of as much as Rs 20 crore on each World Cup match and were in touch with all the big bookies in the country.
"In addition, they were in real-time contact with bookies in Pakistan and Dubai. For a single match they took bets of Rs 10 crore from Pakistan- and Dubai-based bookies, and another Rs 10 crore bets from Indian bookies. They used mobile phones, Skype as well as Betfair.Com (an online betting exchange)," the official said.
The betting transactions handled by this racket altogether may have run into Rs 4,000 crore per year, it is estimated.
