New Delhi: Sourabh Chandrakar, one of the key promoters of the initiative Mahadev Betting AppHe is expected to be brought back to India soon after his recent formal arrest in Dubai Interpol issue arrest warrant money laundering and fraud.
Chandrakar and another promoter of the app, Ravi Uppal He was detained in the country late last year emergency roomrequest issued red notice (RN) against them.
Sources said that Chandrakar was formally arrested in Dubai recently and is expected to be extradited or deported to India in the coming days.
In October 2023, the education department set up a special court in Raipur and issued a red corner notice against Chandrakar after filing a charge sheet and obtaining a non-bailable arrest warrant against him.
What is Mahadev Betting Scam?
The Mahadev online gambling scam was a complex network of illegal activities involving individuals from the steel city of Bhilai, orchestrated by the UAE and Indian states, and uncovered by the Indian police. law enforcement bureau (ED) After a series of attacks chhattisgarh 2023.
According to the findings of the Education Bureau, the Mahadev online betting application is an unauthorized platform. illegal betting Various sports, including cricket and football, as well as other forms of gambling. The app, which operates in India and internationally, has attracted a large number of users with the promise of easy money. However, beneath the surface, the company was allegedly involved in a massive money laundering operation, funneling illicit proceeds through a complex web of offshore accounts and shell companies.
The ED’s crackdown involved a series of high-profile raids at multiple locations, targeting individuals who held significant positions of power during the Congress regime. The raids resulted in the seizure of criminal evidence, including digital devices, financial records and documents revealing the extent of the app’s illegal activity. The education ministry suspects the gambling app has laundered more than Rs 5,000 crore, a staggering amount that raises concerns about the scope of such illegal activities within India’s financial system.
(Inputs from PTI)
