Key Highlights
- 98.55 lakh and 27 immovable properties including residential houses, commercial shops, agricultural land and luxury apartments located in India and Dubai, collectively worth Rs.
- 20.46 crore.
- The ED initiated PMLA investigation on the basis of multiple First Information Reports registered by the Chhattisgarh, Andhra Pradesh, and West Bengal Police, revealed a massive betting syndicate.
- The platform provided illegal betting services through domain names such as Tiger exchange, Gold365, and Laser247.
- The operation functioned via a franchise model of “Panels/Branches” managed by associates, while the main promoters, Sourabh Chandrakar and Ravi Uppal, operated from Dubai.