The Enforcement Directorate (ED) has recently conducted raids on several
foreign-registered online gaming platforms operating in India. The
investigative agency has accused these portals of unlawfully sending
approximately Rs 4,000 crore overseas. The raids were carried out as part
of an ongoing crackdown on illegal financial activities and money
laundering in the country. The ED’s actions are aimed at curbing the flow
of illicit funds and ensuring compliance with financial regulations.
Further investigations will be conducted to gather evidence and establish
the extent of the alleged illegal activities. The outcome of these raids
will play a crucial role in determining the legal consequences for those
involved.
foreign-registered online gaming platforms operating in India. The
investigative agency has accused these portals of unlawfully sending
approximately Rs 4,000 crore overseas. The raids were carried out as part
of an ongoing crackdown on illegal financial activities and money
laundering in the country. The ED’s actions are aimed at curbing the flow
of illicit funds and ensuring compliance with financial regulations.
Further investigations will be conducted to gather evidence and establish
the extent of the alleged illegal activities. The outcome of these raids
will play a crucial role in determining the legal consequences for those
involved.
