Overview
- Searches were conducted on November 14 at five locations across Delhi-NCR and Jaipur under the Prevention of Money Laundering Act.
- Investigators froze 110 mule bank accounts, including 73 tied to UPI IDs and digital wallets used for transaction flows.
- Seizures included Rs 70 lakh in cash along with documents, digital devices and financial records for forensic analysis.
- Evidence points to a mobile-based online betting operation used to process and disguise transactions.
- Documents and devices indicate transfers through Dubai-based cryptocurrency wallets, with the ED pursuing beneficiaries and flagging details to other agencies.