India, Nov. 24 -- The Enforcement Directorate (ED) has intensified its action on real-money gaming platforms.
The agency has frozen assets to the tune of INR 523 Cr linked to WinZO, Pocket52 parent Nirdesa Networks and Gameskraft over allegations of cheating, manipulation, and money-laundering activities.
This comes a week after the ED's Bengaluru unit carried out searches across Delhi and Gurugram in a case linked to WinZO Games. The agency froze about INR 505 Cr in bank balances, bonds, FDs and mutual funds linked to the company under the Prevention of Money Laundering Act (PMLA).
As per ED, the case began after several FIRs were filed, which accused the company of cheating, blocking user accounts, impersonation, and misuse of PAN de...
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