India, Oct. 16 -- The Enforcement Directorate (ED) has identified entities allegedly involved in spreading and disguising the proceeds of crime in a case against several mobile applications, including Fairplay, accused of illegally streaming cricket matches and facilitating online betting. Agency sources report that investigators are working to trace the ultimate beneficiaries of these operations.

According to ED sources, the entities under scrutiny are suspected of "layering" the proceeds of crime, a process that involves distributing illicit funds across various transactions to obscure their origins. The applications in question are accused of illegally streaming cricket matches, including several Indian Premier League (IPL) fixtures i...