Also read: Sourabh Chandrakar's rise from juice vendor to lavish ₹200 crore wedding As per the ANI news agency, Ranbir Kapoor had allegedly carried out promotional activities for the Mahadev betting app. In this case, ED also suspects several other A-lister celebrities and certain sports personalities who promoted the app.
Yesterday, ED summoned comedian Kapil Sharma and actor Huma Qureshi in connection with the Mahadev betting app case. This year in February, a lavish wedding was held in the United Arab Emirates that caught the attention of the ED as the entire money-around ₹200 crore- spent on the bash was paid entirely in cash.
Also read: Actors Huma Qureshi, Kapil Sharma get ED summons in Mahadev betting case At his wedding held in Ras Al-Khaimah, Sourabh Chandrakar, one of the promoters of the Mahadev Online Book Betting app, hired private jets to ferry family members from Nagpur to the UAE and paid celebrities from the Indian film industry to perform, according to the ED. Chandrakar and Ravi Uppal operated the company from Dubai but actually hailed from Bhilai in Chhattisgarh.
It was allegedly using the online book betting application to enrol new users, create IDs and launder money through a layered web of benami bank accounts. Also read: How is Ranbir Kapoor linked to Mahadev betting app scam? Key details revealed The ED investigation has shown that the Mahadev Online Book App operates by franchising "Panel/Branches" to their known associates on a 70-30 profit ratio, the ED said.
Large-scale hawala operations are done to siphon off the proceeds of betting to offshore accounts, it had said. A huge expenditure in cash has also been incurred in India for advertising betting websites to attract new users and
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