Ranbir Kapoor summoned by ED in online betting app case
₹417 crore worth of proceeds of crime in the money laundering probe. Ranbir Kapoor as a social media influencer promoted an online betting app and allegedly received compensation in return for endorsing and engaging in promotional endeavors on behalf of Mahadev betting app. Apart from Ranbir Kapoor, some other Indian and Pakistani celebrities like Tiger Shroff, Sunny Leone, Neha Kakkar, Atif Aslam, and Rahat Fateh Ali Khan are under ED's scanner for attending Sourabh Chandrakar's wedding in Dubai, as per a report from news platform India Today.
Exciting news! Mint is now on WhatsApp Channels. Subscribe today by clicking the link and stay updated with the latest financial insights! Click here! Earlier, ED conducted raids in several cities like Mumbai, Kolkata and Bhopal in connection with Mahadev betting app and their alleged money laundering networks. The central agency has seized ₹417 crore worth of proceeds of crime in its probe.
Sourabh Chandrakar and Ravi Uppal started the app and website for activities that are illegal in India like online casino and betting platforms. The app is banned in India, but the duo continue their business in several other countries. The central agency and Chhattisgarh police issued Look Out Circulars against both the accused in August and as per the India Today report, Sourabh Chandrakar and Ravi Uppal are currently in the United Arab Emirates.
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