ED summons Ranbir Kapoor in Mahadev money laundering case

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ET OnlineLast Updated: Oct 04, 2023, 04:49 PM IST

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Bollywood actor Ranbir Kapoor has been summoned by the Enforcement Directorate (ED) for questioning in the Chhattisgarh Mahadev betting app money laundering case. Kapoor is alleged to have carried out promotional activities for the app. The ED suspects that several other celebrities and sports personalities also promoted the app and plans to summon around 14-15 of them soon.

Mahadev online betting app case: ED summons actor Ranbir Kapoor on October 6

The Enforcement Directorate on Wednesday summoned Bollywood actor Ranbir Kapoor for questioning on October 6 in Chhattisgarh Mahadev betting app money laundering case.

According to sources Ranbir Kapoor had allegedly carried out promotional activities for the Mahadev betting app. In this case, ED also suspects several other A lister celebrities and certain sports personalities who promoted the app.

Around 14-15 other celebrities and actors are under the ED scanner in this case and they will also be summoned soon, sources said.

The company promoted by Sourabh Chandrakar and Ravi Uppal was running operations from Dubai. It was allegedly using the online book betting application to enrol new users, create IDs and launder money through a layered web of benami bank accounts, the agency has alleged. Mahadev app founders are running 4-5 similar apps.

ALSO WATCH: Mahadev betting app case: Sunny Leone, other stars under ED scanner, here's why

The ED investigation has shown that Mahadev Online Book App is run from a central head office in the UAE, officials said. It operates by franchising "Panel/Branches" to their known associates on 70-30 per cent profit ratio, it had said.

Large scale hawala operations are done to siphon off the proceeds of betting to off-shore accounts, it had said.

ALSO READ: ED seizes Rs 417 crore in connection with betting app Mahadev; what we know about the case so far

Large expenditure in cash is also being done in India for advertising of betting websites to attract new users and franchise (panel) seekers, it had said.

The company promoters hail from Bhilai in Chhattisgarh and the Mahadev online book betting application is an umbrella syndicate arranging online platforms for enabling illegal betting websites.

ED in September conducted searches against the money laundering networks linked with Mahadev app in cities like Kolkata, Bhopal, Mumbai and retrieved incriminating evidences, besides seizing proceeds of crime worth Rs 417 crore.

In Video: Mahadev online betting app case: ED summons actor Ranbir Kapoor on October 6

Wednesday, 04 Oct, 2023

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