ED Takes Action, Freezes ₹131 Crore In Betting App Share Assets

The Enforcement Directorate (ED) froze shares worth ₹130.57 crore during raids in Kolkata linked to a money laundering case involving the illegal Mahadev Online Book betting app. The app allegedly facilitated online betting and money laundering through a network of accounts. Over 110 premises have been searched, leading to assets worth ₹2,426.18 crore being seized, and 12 arrests made.