{
  "id": 5030291,
  "title": "ED raids payment companies, CAs in online betting case",
  "url": "https://urgent.news/2026/09/02/ed-raids-payment-companies-cas-in-online-betting-case",
  "topic": "world",
  "section": "World",
  "published": "2026-09-02T06:20:22.000Z",
  "source": {
    "name": "The Hindu",
    "slug": "the-hindu",
    "url": "https://www.thehindu.com/news/national/ed-raids-payment-companies-cas-in-online-betting-case/article71418317.ece"
  },
  "original_language": "en",
  "account": "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.",
  "summary": "Raids were made at five locations in Maharashtra, four in Delhi-NCR, two in Rajasthan, and one in Gujarat",
  "key_points": [
    "Enforcement Directorate raids five locations in nine states on September 2, 2026",
    "Investigation targets payment companies, chartered accountants, company secretaries",
    "Case linked to Mumbai police cyber police station FIR against parimatch.com"
  ],
  "editors_take": "The ED's expanded crackdown on payment companies and accounting firms suggests a widening of the probe into online betting networks, targeting those who allegedly helped launder betting proceeds.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}