Kolkata, Aug. 9 -- The Enforcement Directorate (ED) has attached movable assets worth Rs 14.29 crore allegedly lying in 80 mule bank accounts in connection with illegal online betting, under the Prevention of Money Laundering Act (PMLA), official sources said.
Investigation revealed that multiple mule accounts were used for the collection of illegal online betting proceeds, and the money was routed through several shell entities.
This followed an FIR filed by the Siliguri Police Commissionerate, North Bengal, under the West Bengal Gambling and Prize Competitions Act, 1957.
The ED said the online betting apps were operating in a formal corporate structure and were giving panels/franchises to suspect individuals on a rental basis for runn...