India, Dec. 24 -- The Enforcement Directorate (ED) on Monday submitted a chargesheet against several accused persons and entities allegedly connected to a syndicate that operated illegal, unregulated trading (also known as 'dabba trading') platforms and online betting activities across Maharashtra, Madhya Pradesh, Gujarat and Tamil Nadu, as well as Dubai in the United Arab Emirates (UAE).

The ED probe has estimated the alleged proceeds of crime (POC) in the case to be Rs.404.46 crore, of which it has so far provisionally attached Rs.34.26 crore in the forms of assets belonging to the accused, ED officials said on Tuesday. The investigation is based on two police cheating cases, one registered in Mumbai's N M Joshi Marg police and the oth...