Overview

• An ED special court in Bengaluru remanded Veerendra to custody until August 28 following his arrest in Gangtok and transit to the city.
• ED officials say the network spans casinos in Sri Lanka, Nepal and Georgia, with digital material indicating his managerial role in offshore operations.
• The agency has linked him to five Goa casinos and to multiple online betting platforms identified during multi-state raids.
• ED sources allege the King567 betting app is managed from Dubai by relative Pruthvi, and say profit-sharing for offshore casinos appeared on Veerendra’s ‘Puppysworld’ website but not in formal accounts.
• Searches recovered roughly Rs 12 crore in cash and valuables, and investigators are probing shell firms, VIP-number SUVs and a proposed purchase of a Santiago Martin casino, as well as cash-to-card and cyber-fraud diversion methods.