Overview

• The ED raided four Probo Media Technologies premises in Gurugram and Jind on July 8–9 under the Prevention of Money Laundering Act, seizing incriminating documents and digital data.
• The asset freeze covers fixed deposits, equity holdings and three bank lockers linked to the company and its promoters.
• Investigators found that Probo’s binary yes/no opinion-trading model functioned purely by chance and bypassed Know Your Customer requirements while permitting minor registrations.
• The probe uncovered ₹134.84 crore received via preference shares from offshore entities in Mauritius and the Cayman Islands.
• Probo has pledged full cooperation as the ED continues forensic analysis and traces the broader laundering network without filing formal charges.