ED seizes assets of around Rs 8 cr; Yuvraj, Uthappa among those involved
The Enforcement Directorate has seized assets worth Rs 7.93 crore in a crackdown on the illegal betting platform 1xBet. Action has been taken against several celebrities, including cricketers and actors, for promoting the platform through surrogate brands. These endorsements involved payments routed through foreign entities to conceal illegal funds derived from betting activities.🕒 1 min read
The Enforcement Directorate has seized assets worth Rs 7.93 crore in a crackdown on the illegal betting platform 1xBet. Action has been taken against several celebrities, including cricketers and actors, for promoting the platform through surrogate brands. These endorsements involved payments routed through foreign entities to conceal illegal funds derived from betting activities.Continue Reading
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