ED raids 3 locations in Bengaluru linked to betting app company

Public TV
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BENGALURU: The Enforcement Directorate (ED) raided three locations in Bengaluru linked to a betting app company in a case related to alleged money-laundering. The raid by an ED team from Delhi and verification of document was being carried out.

Meanwhile, the ED in Bengaluru has succeeded in securing the conviction of retired excise guard M Ramachandra and his daughter R Yurekhain a case of possessing assets disproportionate to known sources of income under the Prevention of Money Laundering Act, 2002.

The Special Court in Bengaluru pronounced the conviction order in this case on October 14, according to the central agency.

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