From juice shops to a billion Rupee empire: The shocking Mahadev betting app scandal unveiled
Uppal, formerly small business owners in Chhattisgarh, are now at the center of a massive money laundering investigation related to the Mahadev online betting scheme. These two individuals transitioned from running juice and tire shops to operating a sprawling online betting empire, raising eyebrows and attracting the attention of the Enforcement Directorate (ED).
Their astonishing journey from humble beginnings in Chhattisgarh's Bhilai to potentially making Rs 200 crore per day through their Mahadev betting apps is under intense scrutiny.
The Enforcement Directorate has initiated a thorough investigation into the alleged money laundering activities associated with the Mahadev Online Book app. The amount involved in this scandal is believed to be staggering, estimated at around Rs 5,000 crore.
Chandrakar and Uppal conducted their elaborate gambling operation from the United Arab Emirates (UAE), extending its reach not only in the UAE but also into countries such as India, Nepal, Pakistan, and Sri Lanka.
Currently, the ED is actively seeking these two individuals, having issued non-bailable warrants for their arrest.
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In a surprising twist, according to an NDTV report, just a few years ago, Chandrakar was operating a juice shop in Bhilai's Nehru Nagar, while Uppal owned a tire shop. Both men fell into the world of gambling and eventually pooled their savings to travel to Dubai, where they encountered a sheikh and a Pakistani national.
Together, Chandrakar and Uppal founded the Mahadev online betting app, which rapidly gained traction.
