New Delhi, Nov. 25 -- The Delhi High Court (HC) held on Monday, November 24, that money generated from cricket betting using forgery, cheating and conspiracy can be attached by the Enforcement Directorate (ED) as "proceeds of crime" under Section 2(1)(u) of the Prevention of Money Laundering Act, 2002 (PMLA). The court also noted that the ED can attack property generated from illegal betting even tough cricket betting is not a scheduled offence under PMLA.

The ruling was noted by a Delhi HC bench of Justices Anil Kshetarpal and Harish Vaidyanathan Shankar.

The HC clarified that if someone acquires immovable property through forgery, cheating or criminal conspiracy, and then uses, then uses it for any "downstream activity", any profit ea...