ED Arrests Two in Fairplay Money Laundering and Illegal Cricket Broadcast Case

Chirag and Chintan Shah are accused of facilitating illegal betting and unauthorized cricket streaming through a complex international operation.

The Enforcement Directorate (ED) arrested Chirag and Chintan Shah, brothers linked to Fairplay, for their alleged roles in money laundering and illegal cricket broadcasts.
Fairplay is accused of live-streaming cricket matches, including IPL 2023, without authorization, causing over ₹100 crore in losses to Viacom18 Media Pvt Ltd.
The company allegedly enabled betting on the 2024 Lok Sabha elections and operated through overseas shell entities in Dubai, Curacao, and Malta.
Investigations revealed a network of over 400 dummy bank accounts and shell companies used to collect and launder funds, with assets worth ₹344.15 crore attached by the ED so far.
A special PMLA court remanded the Shah brothers to ED custody until February 15, while other firms and individuals linked to the case face ongoing legal scrutiny.