Court denies pre-arrest bail to three partners of firm that helped Fairplay launder ₹13 crore

Two firms co-founded by the two arrested accused in the Fairplay money-laundering case assisted in the online betting platform's operations, according to officials from the Enforcement Directorate (ED).

- Revu Suresh

MUMBAI: The two firms, based in Mumbai and Dubai, were used to build software for Fairplay and maintain the online betting platform, the agency's investigation has revealed.

The two arrested accused, brothers Chirag Shah and Chintan Shah, allegedly co-founded Mumbai-headquartered Wohlig Transformations Pvt Ltd, which was instrumental in designing, developing and managing multiple URLs associated with Fairplay, ensuring seamless functionality despite regulatory scrutiny, officials said.

To further strengthen the betting platform's technological backbone, the Shah brothers allegedly incorporated another company in Dubai, called Wohlig Transformation FZE LLC. This company had a critical role in handling Fairplay's software infrastructure, platform maintenance and operational updates, officials added.

Chirag and Chintan Shah, who were arrested late Wednesday, were the "principal associates" in the operation of Fairplay, which was being run primarily by a man identified as KL Shah (not related) from Dubai, officials said. The Shah broth

MUMBAI: A court has rejected the anticipatory bail plea of the three owners of a firm that was allegedly involved in laundering around ₹13 crore linked with Fairplay.