In connection with a probe into mobile gambling applications, the Enforcement Directorate (ED) conducted six raids in Kolkata on Saturday and confiscated Rs 7 crore in cash, news agency ANI reported.
The Prevention of Money Laundering Act (PMLA), 2002 provisions, which were followed in conducting the continuing searches. Cash counting and search procedures are in progress.
In search operations today, under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, at 6 premises in Kolkata in connection with an investigation relating to Mobile Gaming Application, Rs 7 Crores cash found so far, counting of the amount is still in progress.
— ANI (@ANI)
The ED stated in a statement that a first information report (FIR) had been filed at the Park Street Police Station based on information from Federal Bank officials.
Amir Khan has been listed as one of the defendants in the lawsuit. Khan had developed the smartphone game E-Nuggets.
According to the central investigative agency, Khan created the app in an effort to deceive the public.
“So far, huge cash of more than Rs 7 crore has been found at the premises and counting of the amount is still under progress,” the Enforcement Directorate was quoted by PTI in its report.
The government is looking into any connections between this app and its operators and other “Chinese controlled” applications that issued loans at excessive rates to naive individuals. In several cases, the loan recipients committed suicide after being threatened by these loan operators to make payments.
(With Inputs From Agencies)