Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Hindu
The Hindu
National
The Hindu Bureau

ED attaches properties of companies running online betting in Bengaluru

ED Bengaluru

The Directorate of Enforcement (ED) has provisionally attached movable properties to the tune of ₹5.87 crore in the form of balances available in the bank accounts of various individuals and entities in a case related to illegal online betting and gambling under the provisions of Prevention of Money Laundering Act (PMLA), 2002.

The ED initiated investigation under PMLA on the basis of an FIR registered by Viveknagar Police Station in Bengaluru on a complaint received from the office of Directorate General of Goods and Services Tax Intelligence (DGGI) alleging involvement of companies in online gambling, betting and suspicious illegal activities.

The ED investigation revealed that different companies were registered by the accused persons Shyamala N and Umar Farooq using the documents of other persons.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Heavier Phone Use Past 10 at Night Linked with Teens Falling Asleep About 65 Minutes Later
On nights with extra phone use after 10 p.m., teens fell asleep about 65 minutes later, a JAMA Pediatrics study found. What parents can do.
Medical Daily
Medical Daily
We are reclaiming real life after getting rid of Instagram
Letters: Readers on taking back their lives – and brains – from social media algorithms
The Guardian - UK
The Guardian - UK
The U.K.'s Online Safety Act Has Been a Failure. Regulators Want To Broaden It Anyway.
A new report reveals more shortcomings of the U.K.’s Online Safety Act.
Reason
Reason
British Embassy quashes Winnie-the-Pooh return rumors, keeping the famed bear in New York
It turns out Winnie-the-Pooh and his fluffy friends aren’t being bear-napped from their longtime home at the New York Public Library
The Independent UK
The Independent UK
79 Nostalgic Photos That Take ’80s Kids Straight Back To Their Childhoods
80s had everything: bright neon colors, ABBA, Queen, and Madonna on the radio, huge power suits, and poofy hair that is now only associated with hair metal bands. If you love this decade, take a trip down memory lane with these pics from r/80s, where people share nostalgic items and…
Bored Panda
Bored Panda
Billy Corgan defends decades-long friendship with Marilyn Manson
Billy Corgan haș defended his friendship with Marilyn Manson, insisting that just because he stood by the rocker amid sexual abuse allegations, it doesn’t mean that he doesn’t have “an opinion”.
BANG Premier
BANG Premier
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play