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.
Bhattacharya was a member of the trustee board in Babli Chatterjee Memorial Trust, named after the deceased wife of Partha Chatterjee.
The ED initiated an investigation on the basis of multiple FIRs registered by Himachal Pradesh Police against QFX Company which had defrauded many investors through a fraudulent forex trading scheme.
Directorate of Enforcement (ED) has provisionally attached movable properties valued at Rs 25.86 crore under the provisions of Prevention of Money Laundering Act (PMLA), 2002 in the cross-border cattle smuggling case, claimed the central investigating agency in an official press communiqué.
The Enforcement Directorate (ED) on Tuesday attached two hotels, valued at nearly Rs 15 crore, at the picturesque Patnitop tourist resort on the Jammu-Srinagar highway in the Jammu division under the Prevention of Money Laundering Act (PMLA).
Chief Minister Siddaramaiah is accused number one in the case and the investigation is also conducted against others who got the illegal allotments done through the MUDA. His wife B.M. Parvathi is the second accused.
