India, Feb. 16 -- A special court constituted under the Prevention of Money Laundering Act (PMLA) has remanded brothers, Chirag Shah and Chintan Shah, arrested in connection with the Fairplay money laundering case, to the custody of the Enforcement Directorate till February 18. The duo has been accused of assisting the operations of the online betting platform, which illegally broadcasted cricket matches in 2023 and enabled betting on the 2024 Lok Sabha elections.

The agency had initiated the money laundering investigation based on an FIR registered by Maharashtra cyber police in April 2023 against Dubai-based Fairplay Sport LLC and others. The FIR was based on a complaint filed by a representative of broadcaster Viacom18 Media Pvt Ltd, ...