Big crackdown on online gaming firms as Gamezkraft founders land in ED custody
The ED has arrested three Gamezkraft founders after searches in Karnataka and NCR as scrutiny intensifies on online money gaming platforms under the new gaming law.
The ED has arrested three Gamezkraft founders after searches in Karnataka and NCR as scrutiny intensifies on online money gaming platforms under the new gaming law.
Sushil Mohta and his son Saket Mohta, promoters of the Merlin Group, along with others, are accused of fraud, forgery, organised criminal activity, and criminal conspiracy.
According to the ED, the company and its promoters are suspected of creating a false chain of land ownership using forged documents. These documents were allegedly used to claim control over land, leading to accusations of land grabbing.
A Bench led by Justice Surya Kant, along with Justices Joymalya Bagchi and Vipul M Pancholi, issued notice to the ED on Soren’s petition seeking quashing of the criminal complaint filed against him.
The ED stated that an amount higher than the contract value was deposited in Jayasurya’s account and alleged that the money constituted proceeds of crime generated through fraud by the company’s owners.
The Enforcement Directorate (ED) has summoned SI Manoranjan Mondal, the newly-appointed officer in-charge of Budbud police station and coal and sand dealer Chinmay Mondal of Raniganj in connection with the raids conducted on 3 February at 10 locations simultaneously under the PMLA.
The hearing was deferred after the ED sought additional time from the court to submit certain documents related to the prosecution complaint.
The attachment has been carried out under the Prevention of Money Laundering Act (PMLA), 2002, through a Provisional Attachment Order.
The Central probe agency is expected to name all those currently under investigation by the SIT as accused. The ED has filed a case against more than 15 people, including former Devaswom presidents A Padmakumar and N Vasu.
The Enforcement Directorate (ED) has made a case under sections 3 & 4 of the Prevention of Money Laundering Act (PMLA) 2002 against Joshi.
