Shikhar Dhawan & Suresh Raina Under ED Scanner: Crores in Assets Attached in 1xBet Probe

The Enforcement Directorate (ED) has taken significant action in its ongoing investigation into a betting-linked money laundering case. Assets worth Rs 11.14 crore, belonging to former Indian cricketers Suresh Raina and Shikhar Dhawan, have been provisionally attached.

This move comes as part of a broader probe targeting illegal online betting platforms operating across India. Both cricketers have been under the ED’s scanner for their alleged involvement.

The investigation aims to uncover potential violations related to user fraud and significant tax evasion by these platforms.

The ED’s Intensified Investigation

The ED’s inquiry is part of an intensified effort to combat illicit financial activities associated with online gambling. These investigations are revealing the complex networks used for illegal money movement.

Key Players Under Scrutiny: Dhawan and Raina

Shikhar Dhawan was previously summoned by the ED for questioning regarding his potential connections to the betting platform 1xBet. His statement was recorded under the Prevention of Money Laundering Act (PMLA), focusing on potential endorsement deals.

Similarly, Suresh Raina faced extensive questioning by the ED for over eight hours in the same case. The probe focused on his promotional activities with various betting applications.

The attachment of assets underscores the seriousness of the allegations against both prominent athletes, highlighting the legal ramifications of such associations.

The Allegations Against 1xBet

The betting app 1xBet is a central focus of this controversy. It stands accused of defrauding users and allegedly evading substantial taxes within India.

The investigation seeks to unravel the intricate financial networks used by such platforms to move large amounts of money illegally across borders and within the country.

Broader Crackdown on Illegal Betting

The ED’s current operations are not isolated incidents but rather part of a nationwide effort. This crackdown targets numerous illegal online betting platforms that have been under scrutiny for allegedly running fraudulent schemes.

Key aspects of this extensive investigation include:

Probing connections of prominent figures like Shikhar Dhawan and Suresh Raina.
Investigating major betting platforms such as 1xBet and Parimatch.
Questioning representatives from leading tech giants, including Google and Meta.
Focusing on allegations of user fraud and substantial tax evasion.

Beyond Cricketers: Tech Giants Under Scrutiny

The scope of the investigation extends far beyond individual cricketers. The ED has also questioned representatives from major tech companies like Google and Meta, indicating a wider probe into how these platforms facilitate such activities.

Furthermore, the agency has conducted multi-state searches targeting another betting app, Parimatch, signaling a comprehensive sweep against illegal operations.

Government’s Stance on Online Gaming

These rigorous investigations align with the Indian government’s proactive approach to regulating the online gaming sector. New legislation has been introduced with the aim of banning real-money online gaming activities.

This legislative push, combined with the ED’s actions, highlights a strong commitment to curbing the proliferation of illegal betting in India.

Conclusion: A Clear Message Against Illegal Betting

The Enforcement Directorate’s attachment of assets belonging to Shikhar Dhawan and Suresh Raina sends a strong message. It reaffirms the authorities’ determination to dismantle illegal betting networks and ensure accountability, regardless of public profile.

The ongoing probe underscores the serious financial and legal ramifications for those involved with or promoting unregulated online betting platforms. It serves as a stark reminder of the government’s resolve to curb illegal online betting and protect users.

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ED Attaches Dhawan, Raina Assets In 1xBet Money Laundering