India, Feb. 15 -- Two firms co-founded by the two arrested accused in the Fairplay money-laundering case assisted in the online betting platform's operations, according to officials from the Enforcement Directorate (ED). The two firms, based in Mumbai and Dubai, were used to build software for Fairplay and maintain the online betting platform, the agency's investigation has revealed.

The two arrested accused, brothers Chirag Shah and Chintan Shah, allegedly co-founded Mumbai-headquartered Wohlig Transformations Pvt Ltd, which was instrumental in designing, developing and managing multiple URLs associated with Fairplay, ensuring seamless functionality despite regulatory scrutiny, officials said.

To further strengthen the betting platform...