Betting On Sports

Sourabh Chandrakar, one of the main promoters of the Mahadev betting app, is expected to be brought to India soon following his recent formal arrest in Dubai on the basis of an Interpol issued arrest warrant in a money laundering and fraud case, official sources said Friday. Chandrakar along with another promoter of the app, Ravi Uppal was detained in that country late last year following the ED's request for issuance of a Red Notice (RN) against them. Sources said Chandrakar is expected to be either extradited or deported to India over the next few days after he was formally placed under arrest in Dubai recently. The ED has alleged that its probe in the Mahadev Online Book (MOB) gaming and betting app has shown involvement of various high-ranking politicians and bureaucrats from Chhattisgarh, the state where Chandrakar and Uppal hail from. MOB app, as per the federal agency, is an umbrella syndicate arranging online platforms for enabling illegal betting websites to enrol new user

With the rise in sports betting apps, scammers have found new ways to target unsuspecting bettors

The special investigation team of Mumbai cyber cell has detained actor Sahil Khan from Chhattisgarh in connection with the Mahadev betting app case, an official said on Sunday. The actor was apprehended from Jagdalpur in Chhattisgarh on Saturday after the Bombay High Court rejected his pre-arrest bail plea, he said. Khan was recently questioned by the SIT in connection with the case. The SIT has been conducting a probe into the alleged illegal transactions between certain financial and real estate firms in the state and the promoters of the controversial Mahadev betting app. The size of the scam is about Rs 15,000 crore, as per the first information report (FIR) registered by the police in the case. An investigation is underway against Khan and 31 other individuals. The probe involves examining their bank accounts, mobile phones, laptops, and all technical equipment, according to the police. So far, one person has been arrested in the case and further investigation is underway, t

The Enforcement Directorate has filed a fresh charge sheet before a special court in Raipur in a money laundering case investigation linked to alleged illegal betting and gaming through the Mahadev online book app, official sources said Thursday. The federal agency will share this second prosecution complaint (charge sheet) with authorities in Dubai to secure either the deportation or extradition of the two main promoters of the app-- Ravi Uppal and Sourabh Chandrakar, they said. The two were recently detained in Dubai on the basis of an Interpol red notice issued against them at the behest of the ED. The agency is understood to have shared the contents of the first charge sheet with the UAE authorities, on the basis of which a non-bailable warrant was secured against the two leading to issuance of the Interpol red notice (RN). The about 1,700-1,800 page fresh charge sheet was filed on January 1 and five accused, including alleged cash courier Aseem Das, police constable Bheem Singh

Authorities in Dubai have detained one of the masterminds behind the scam, Ravi Uppal and will be deported to India soon

Ravi Uppal, one of the two main owners of the Mahadev online betting app, has been detained in Dubai by the local police on the basis of a red notice issued by the Interpol at the behest of the ED, official sources said Wednesday. Uppal, 43, was detained last week in that country and the Enforcement Directorate (ED) authorities are in touch with the Dubai authorities to get him deported to India, they said. Uppal is being probed by the ED in a money laundering case linked to alleged illegal betting apart from the Chhattisgarh Police and Mumbai Police. The federal probe agency had filed a money laundering charge sheet against Uppal and another promoter of the Internet-based platform, Sourabh Chandrakar, before a special Prevention of Money Laundering Act (PMLA) court in Chhattisgarh's Raipur in October. A red notice was subsequently issued by the Interpol on the basis of ED's request. The agency had informed the court in the charge sheet that Uppal has taken a passport of Vanuatu,

Mumbai Police registered a case against 32 people, including the director of Dabur, Gaurav Burman and company chairman Mohit Burman, alleging a connection to the betting app scam

In Australia, Sportsbet was offering 2.9 times the amount for an Australia win as of Friday, more than twice the payout for an India win at 1.4 times

"Mohit Burman and Gaurav Burman do not know or have ever met the accused mentioned in the FIR being selectively circulated in the media," the spokesperson of Burman Family said

The development has come in the wake of a recent government decision that imposed a 28% GST on the full-face value of the placed bets

The ministry said it had issued a similar advisory on June 13, asking newspapers, private TV channels, and digital news publishers to refrain from publishing ads of online betting platforms

The I&B ministry advised the print, electronic and digital media to refrain from advertising betting platforms, saying betting and gambling are illegal and pose significant financial risks

The group was operating in a clandestine manner and had concealed its operations and income from law enforcement agencies, the Central Board of Direct Taxes (CBDT) said in a statement

Illegal betting on sports may approach $1.7 trillion annually and is often used by criminals to launder money, according to a report from the United Nations

The former IPL chairman on Tuesday made serious allegations against one of the owners of two new teams

Dream11 says 'complaint is motivated' and it is examining its legal remedies.

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The commission has also recommended linking Aadhar or PAN card of an individual indulging in betting and gambling