New Delhi, April 22 -- The Enforcement Directorate's probe into the nearly Rs.6,000 crore online betting scam orchestrated through the Mahadev App has revealed that the proceeds of crime were deployed in the Indian stock market, the agency said on Monday, adding that the promoters of some listed companies are under investigation for "stock market manipulation".
The agency made the revelation as it froze securities and bonds worth Rs.573 crore following the April 16 raids at premises linked to several companies and individuals in Delhi, Mumbai, Indore, Ahmedabad, Chandigarh, Chennai and Sambalpur. P11
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