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31m ago

ED Arrests Karnataka Congress MLA K.C. Veerendra in Betting–Money Laundering Probe After Nationwide Raids

Investigators say seized records point to a Dubai-linked network using complex layering to route betting proceeds.

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Congress MLA KC Veerendra was arrested today by ED
ED Raids 30 Places Linked To Karnataka Cong MLA Veerendra, Others In Illegal Betting Case | Image: ANI, X
Photo: IANS

Overview

  • ED’s Bengaluru zonal office conducted coordinated searches at 31 locations across Gangtok, Chitradurga, Bengaluru, Hubli, Jodhpur, Mumbai and Goa.
  • The operation recovered about ₹12 crore in cash including roughly ₹1 crore in foreign currency, gold worth ~₹6 crore, around 10 kg of silver and four vehicles, with 17 bank accounts and two lockers frozen.
  • Five Goa casinos were searched — Puppy's Casino Gold, Ocean Rivers Casino, Puppy's Casino Pride, Ocean 7 Casino and Big Daddy Casino.
  • Officials allege Veerendra and associates ran multiple illegal betting sites such as King567, Raja567, Puppy's003 and Rathna Gaming, with related call-centre and gaming work tied to Dubai entities Diamond Softech, TRS Technologies and Prime9Technologies.
  • Veerendra was arrested in Gangtok, where ED says he had traveled to explore leasing a land casino, and a transit remand was obtained to present him before the jurisdictional court in Bengaluru.