Mahadev betting app proceeds of crime hit Rs 92,000 crore, app still running: ED
The Enforcement Directorate (ED) has dramatically increased its estimate of the proceeds of crime linked to the Mahadev betting app, raising the total from Rs 75,000 to Rs 80,000 crore. The ED presented this updated figure to a special court in Raipur, where they sought custody of Saurabh Chandrakar, the alleged mastermind behind the illegal betting empire.
The online betting platform Mahadev is still active, and the agency is actively pursuing eight days of custody for Chandrakar. The ED claims that the illicit activities associated with the Mahadev app, Skyexchange.com, and Lotus365.com have generated illicit gains of between Rs 75,000 crore and Rs 92,000 crore since 2023.
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