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1h ago

ED Attaches Rs 11.14 Crore in Assets of Suresh Raina and Shikhar Dhawan in 1xBet Money-Laundering Probe

Investigators say the ex-cricketers knowingly promoted surrogate brands of an unlicensed betting platform using payments routed through foreign intermediaries.

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Suresh Raina and Shikhar Dhawan
Suresh Raina and Shikhar Dhawan were teammates in Indian cricket team | ANI File
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Overview

  • Under a provisional PMLA order, the ED attached Suresh Raina’s mutual funds worth Rs 6.64 crore and Shikhar Dhawan’s immovable property valued at Rs 4.5 crore.
  • The case stems from multiple state FIRs into 1xBet and its surrogates, with the ED alleging endorsements were structured to conceal the illicit origin of funds.
  • Probe findings cite more than 6,000 mule accounts, unverified merchant onboarding at payment gateways, and transaction patterns indicating laundering exceeding Rs 1,000 crore.
  • Searches at four payment gateways led to the freezing of over 60 bank accounts and more than Rs 4 crore, alongside seizure of incriminating digital records.
  • The ED has questioned other celebrities including Yuvraj Singh, Robin Uthappa, Sonu Sood, Urvashi Rautela, Mimi Chakraborty and Ankush Hazra, and it has issued a public advisory warning of PMLA prosecution and asset attachment for knowingly aiding such activities.