मैगज़्टर गोल्ड के साथ असीमित हो जाओ
10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
कोशिश गोल्ड - मुक्त
Fairplay app operators funnelled ₹4,000 crore abroad, reveals ED
Hindustan Times Navi Mumbai
|April 27, 2025
Uncovering the money trail
MUMBAI: The Enforcement Directorate (ED) has revealed that the operators of the Fairplay betting app siphoned off over ₹4,000 crore outside India through fake companies, dummy bank accounts, and illegal payment gateways.
According to the ED's charge sheet filed recently before a special Prevention of Money Laundering Act (PMLA) court, the masterminds—Krish Laxmi-nand Shah, Chirag Shah, and Chintan Shah—routed the proceeds through 400 dummy bank accounts and bogus import transactions. The laundered funds were later invested in properties and businesses across the country.
Fairplay, a sports betting and online casino platform, is not legally registered in India. Besides betting, the app also illegally streamed events like IPL matches and even enabled betting on the 2024 Lok Sabha elections, the ED probe revealed.
यह कहानी Hindustan Times Navi Mumbai के April 27, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
Hindustan Times Navi Mumbai से और कहानियाँ
Hindustan Times Navi Mumbai
After a slow start, Mandhana has found her rhythm in World Cup
Left-hander struggled to begin with but come the business end, she is showing her true colours
4 mins
October 25, 2025
Hindustan Times Navi Mumbai
Manufacturing mission to get ₹10,000 crore reboot
Goal is to finance greenfield projects, scale high-value sectors in 7 regions
2 mins
October 25, 2025
Hindustan Times Navi Mumbai
Oz face Proteas in battle for top spot
Australia would be hoping their \"three-in-one\" skipper Alyssa Healy is fit and raring to go in the top-of-the-table Women's World Cup clash here on Saturday against South Africa, who have displayed remarkable resilience and fortitude to emerge as strong contenders for the prestigious trophy.
1 mins
October 25, 2025
Hindustan Times Navi Mumbai
How low can you go?
Stilettos are out. Shoe heels today are stylish but much less wobbly. We're finally in our comfort era
2 mins
October 25, 2025
Hindustan Times Navi Mumbai
Venue see it
DJs on local trains, gigs in elevators, concerts in churches, raves at cafés. Live events are going far
4 mins
October 25, 2025
Hindustan Times Navi Mumbai
Larissa D’Sa
Content creator and entrepreneur, @Larissa_WLC
1 mins
October 25, 2025
Hindustan Times Navi Mumbai
Blackstone to pick up 9.99% in Federal Bank for ₹6,197 cr
Global investor Blackstone is set to buy nearly 10% stake in Keralabased Federal Bank, becoming the latest foreign entity to covet a slice of a domestic bank.
1 mins
October 25, 2025
Hindustan Times Navi Mumbai
NC wins 3, BJP 1 in first J&K RS polls since Art 370 move
BJP CLINCHED THE FOURTH SEAT IN A NAIL-BITING CONTEST, FANNING SPECULATION OF CROSS VOTING
1 min
October 25, 2025
Hindustan Times Navi Mumbai
Kohli and the challenge of playing just one format in modern cricket
It doesn't help that ODIs are dying and he just isn't getting enough competitive cricket under his belt
3 mins
October 25, 2025
Hindustan Times Navi Mumbai
Jana Sangh formed, promises to take on Cong, reunify India
HT’s report on Bharatiya Jana Sangh entering political landscape as a pan-country party
3 mins
October 25, 2025
Listen
Translate
Change font size