The Enforcement Directorate, Mumbai Zonal Office, has provisionally attached assets worth Rs 219.66 crore under the Prevention of Money Laundering Act, 2002, as part of an ongoing investigation into Fairplay, an online platform allegedly involved in illegal broadcasting of IPL matches and online betting activities. The attached assets include Demat account holdings, land, flats, and commercial warehouses located across Ajmer, …
MUMBAI: The Enforcement Directorate’s Mumbai zonal unit on Tuesday conducted searches at nine fintech firms in Delhi, Gurugram, and Haryana as part of its money-laundering investigation into mobile applications, including the Fairplay app, for the illegal streaming of cricket, including a few Indian Premier League matches in 2023 and online betting on 2024 Lok Sabha election results. ED’s probe against …
The Enforcement Directorate on Thursday conducted multiple raids on premises associated with an illegal betting app 'Fairplay', implicated in activities including unauthorised broadcasting of IPL matches and illegal betting on cricket and Lok Sabha elections. The raids were held on the premises of some Mumbai-based talent management agencies that had roped in Bollywood celebrities and actors to promote the app …
