Page 5 - Betting

Noida Police books 18 in Mahadev app case under provisions of Gangster Act

The Noida Police has booked 18 accused in the Mahadev App case under the provisions of the Uttar Pradesh Gangsters and Anti-Social Activities (Prevention) Act.Noida Commissioner of Police Lakshmi Singh has acted against 18 people after registering a case at the Sector 39 police station. Noida Police had also written to the government to ban the app.The Directorate of Enforcement (ED) is investigating Mahadev Book Online Betting APP syndicate in which the promoters of this betting syndicate are allegedly sitting abroad and remotely running thousands of panel across India with the help of their friends and associates.According to the ED it has already arrested 4 accused persons and seized proceeds of crime worth more than Rs 450 Crore and has filed a prosecution complaint against 14 accused persons.On November 2 ED received intelligence input that large amount of Cash is being moved in Chhattisgarh by the promoters of Mahadev APP in relation to Assembly Elections scheduled on 7th &

Mahadev betting app: Mumbai police register FIR against 32 people for fraud

The Mumbai police have registered an FIR against 32 people, including the "promoter" of the Mahadev' betting app, for allegedly committing a fraud of nearly Rs 15,000 crore, an official said on Wednesday. According to the Matunga police official, the first information report (FIR) was registered on Tuesday against app promoter Saurabh Chandrakar, and key accused Ravi Uppal and Shubham Soni and others for committing the fraud since 2019 until now. The case was registered on the direction of the 30th Kurla court under Indian Penal Code sections 420 (cheating), 120-B (conspiracy), IT Act (for cyber terrorism) and the Gambling Act, the official said. As per the FIR, the accused have defrauded people of nearly Rs 15,000 crore. The Enforcement Directorate last week claimed that a forensic analysis and a statement made by a 'cash courier' had led to startling allegations that Mahadev betting app promoters have paid about Rs 508 crore to the Chhattisgarh chief minister so far, and that "th

Mahadev aap ran under patronage of Bhupesh Baghel's police: Amit Malviya

The central agency added that the arrested person, Asim Das, confessed that Rs 508 crore has been so far paid to the Chhattisgarh Chief Minister by Mahadev app promoters

Why has Mahadev app not been banned till now, Baghel asks PM Modi

PM Modi at a rally in Durg district said the Congress needs to answer as to what links it has with people in Dubai who were accused in the scam

Didn't even spare name of 'Mahadev': PM attacks Baghel on betting app row

Prime Minister Narendra Modi on Saturday attacked Chhattisgarh Chief Minister Bhupesh Baghel over the alleged 'Mahadev' betting app scam, and said the Congress leader should tell what links he has with the accused in the case. Modi was addressing a public meeting in Durg city of poll-bound Chhattisgarh, a day after the Enforcement Directorate (ED) claimed that a forensic analysis and a statement made by a 'cash courier' have led to "startling allegations" that Mahadev betting app promoters paid about Rs 508 crore to Chhattisgarh CM Baghel so far. Modi also announced that his government's free ration scheme Pradhan Mantri Garib Kalyan Anna Yojana for 80 crore poor will be extended for next five years. Accusing the Congress of abusing him and the entire Other Backward Classes (OBC) community, Modi said he was not scared of abuses. "Congress government in Chhattisgarh has not spared any chance to loot you. They have not even spared the name of 'Mahadev'. Just two days ago, a major ...

ED files chargesheet in Mahadev betting case that surfaced in Chhattisgarh

The Enforcement Directorate (ED) has filed its first chargesheet in connection with its money laundering investigation into the Mahadev betting app case that surfaced in Chhattisgarh recently, sources said. The prosecution complaint was filed by the federal probe agency before the special Prevention of Money Laundering Act (PMLA) court in Raipur on Friday, official sources said. The ED has named 14 persons in the prosecution complaint, including alleged main promoters of the Mahadev Book app Sourabh Chandrakar and Ravi Uppal besides Vikas Chhapariya, Chandrabhushan Verma, Satish Chandrakar, Anil Dammani, Sunil Dammani, Vishal Ahuja, Dheeraj Ahuja, Srijan Associates through Punaram Verma, Shiv Kumar Verma, Punaram Verma Shiv Kumar Verma, Yashoda Verma, Pawan Nathani, they said. Sourabh Chandrakar and Ravi Uppal had denied any wrongdoing. The operative part of the chargesheet runs into 197 pages, while the annexures add about 8,800 more pages. The projected proceeds of the alleged c

Centre mulls stricter UPI transfer regulations to curb illegal betting

The Centre has found 114 illegal betting and gambling platforms operating in the country. Such platforms are taking in UPI payments through proxy bank accounts

Mahadev betting case: What is it and why Ranbir Kapoor has been summoned?

The estimated monetary value of the scam has reached Rs 5,000 crore and may increase as investigation moves forward

ED summons various Bollywood stars in connection with Mahadev betting case

From actor Ranbir Kapoor to comedian Kapil Sharma, many celebrities have been summoned by the Enforcement Directorate (ED) in Mumbai regarding Mahadev betting app scam case

IPL betting: Businessmen, criminals among 53 arrested from posh locations

The police used special tactics to nab the betting rackets. In one instance, the police sent one of their team members acting as a pizza-delivery boy to the suspected flat

ED seizes Rs 3.44-cr in money laundering case against online betting

The Enforcement Directorate Friday said it has frozen 93 bank accounts and seized Rs 3.44 crore as part of a money laundering investigation linked to an illegal online betting case in Gujarat. The action was taken under the criminal sections of the Prevention of Money Laundering Act (PMLA) after the federal agency on Thursday searched five accounts held at an IDFC First Bank branch in Surat. The case pertains to alleged betting activities carried out through "fake and dummy" bank accounts by Harish alias Kamlesh Jariwala and others. The bets were being placed on mobile apps called CBTF247.com and T20 EXCHANGE.com, the ED said in a statement. Following the search in the bank, Rs 3.44 crore deposited in five accounts held by Mitalia Enterprise, R M Enterprise, D M Enterprises, Vishwakarma Traders and XBT Labs Pvt. Ltd. with IDFC First Bank has been frozen under the provisions of the PMLA, it said. Further, 93 bank accounts, including the five bank accounts, "related and involved in .

Flouting govt directions, betting, gambling platforms continue to advertise

These advertisements involve high-profile celebrities apart from popular social-media influencers who have millions of followers

Govt set to ban 138 betting apps, 94 loan apps with Chinese links: Report

The communication was issued to Ministry of Electronics and Information Technology (MeitY) by the Union Home Ministry

Brazil misses out on Fifa world cup betting. What's India's wager?

Will President-elect Luiz Inacio Lula da Silva end the country's decades-long ban on games of chance?

Majority of people think online gaming involves betting, gambling: Survey

A majority of people view fantasy sports as online gaming that involves wagering, betting and gambling, a survey by online platform LocalCircles said on Monday. The survey on online gaming conducted by LocalCircles found that 91 per cent of the respondents want a ban on pesky SMSes that promote online and fantasy games. "While the Supreme Court has upheld its position and the position of the Punjab High Court in 2017 and ruled that fantasy sports are a game of skill, the public view continues to differ," the report said. In response to a question on "should online fantasy sports be considered as online gaming that involves wagering, betting and gambling", nearly 2 out of 3 respondents chose "yes", 14 per cent stated 'no' and the remaining 21 per cent gave no clear response. "In effect, for 65 per cent, out of 9,507 respondents, online fantasy sports is akin to gambling, wagering or a game of chance with risks in contrast to the position of the Supreme Court," the report ...

What are the differences between a game of skill and a game of chance?

The winnings from games of skill attract 18 per cent of Goods and Services Tax (GST), while winnings from games of chance mandate paying 28 per cent GST

Bookies believe BJP heading for big win in Gujarat assembly polls

Political watchers say bookies appear to have noticed that the BJP is not facing any challenge in winning over the dominant Patel community in the state

Abuse of Liberalised Remittance Scheme for offshore betting under CBIC lens

Separate investigation on home-grown online gaming companies shows tax evasion of up to Rs 80,000 crore

Fantasy sports' body lauds govt's guidelines on online betting ads

The advisories were supplemented with evidence of direct and surrogate ads of betting websites such as Fairplay, PariMatch, Betway, Wolf 777, and 1xBet.

Gaming body welcomes govt's diktat on online betting advertisements

The ministry said it had issued a similar advisory on June 13, asking newspapers, private TV channels, and digital news publishers to refrain from publishing ads of online betting platforms