ED raids payment companies, CAs in online betting case
Raids were made at five locations in Maharashtra, four in Delhi-NCR, two in Rajasthan, and one in Gujarat
On September 2, 2026, the Enforcement Directorate conducted fresh multi-state searches in connection with a money laundering investigation involving online betting firm Parimatch and several others, officials disclosed. The raids targeted five locations in Maharashtra, four in the Delhi-NCR region, two in Rajasthan, and one in Gujarat.
The focus of the investigation is on payment companies, chartered accountants, and company secretaries, who allegedly facilitated the conversion of betting proceeds into cash and enabled illegal remittances and sham Overseas Direct Investment (ODI) through payment gateways on behalf of Parimatch, according to the officials. The case is linked to an FIR filed by Mumbai police's cyber police station against parimatch.com for duping users through online betting. The agency has previously conducted searches and attached assets in this case.
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