Mahadev betting App Case: Ranbir Kapoor (41) and Shraddha Kapoor (36), are two of the many A-lister actors who will be called for questioning in connection with the Mahadev money laundering case. Huma Qureshi, Kapil Sharma, and Hina Khan will be called by the ED on divergent dates.
The Enforcement Directorate (ED) has cross-examined actor Shraddha Kapoor in connection with the Mahadev betting app case today. The star is expected to be in attendance before the ED today (October 6).
The celebrities who are being called are not accused in the case but to see what they know about the flow of mode and the payments made to them by the apps. According to the ED, the Mahadev betting app boosted by Sourabh Chandrakar and Ravi Uppal laundered money through a layered web of Benami bank accounts.
Large-scale hawala operations were carried out to siphon off the proceeds of betting to offshore accounts, as said by ED.
Many actors including Ranbir Kapoor promoted the app through social media ads and paid in cash, which is being treated as proceeds of crime. It is not known whether the two-week would be given to Ranbir Kapoor or not.
Chandrakar has been charged with spending Rs.200 crore on the wedding in February 2023. The lavish wedding included hiring private jets for the relatives to come from India.
ABOUT THE MAHADEV BETTING APP CASE:
It is an application that is used across the country for gambling on various games like poker, chance games, and many more.
The investigation by ED was highlighted after a lavish wedding in UAE in February this year.
The company which is promoted by Sourabh and Ravi organized a wedding in the United Arab Emirates in which around Rs.200 crore was paid in cash.
The ED investigation shows that the Mahadev betting app is run from a central office in the UAE. The operation is done by franchising “Panel/Branches” to their known associates on a 70-30 profit ratio.
Sourabh Chandrakar and Ravi Uppal are the intellects behind the presumed money laundering bids. UAE headquarters to India, Sri Lanka, Nepal, and Pakistan this is how the network has been reported.
Chandrakar ran a juice shop in Nehru Nagar in Bhilai while Uppal owned a tire shop after that they both became addicted to gambling.
A Sheikh and a Pakistani national helped them to get influenced to make the application and they started getting ideas. After which the duo set up a betting app. They then set up around 4000-panel operators in India and had been making Rs. 200 crores daily.
The ED has frozen and taken hold of assets worth Rs. 417 crores in connection with the app.
