Illegal betting case: ED attaches ₹177 crore assets linked to Congress MLA K.C. Veerendra
Bengaluru: The Enforcement Directorate (ED) on Thursday said it has attached assets worth ₹177.3 crore belonging to Congress MLA K.C. Veerendra, also known as ‘Puppy’, and his associates in connection with an illegal online betting and gambling case, Deccan Herald reported.
According to the ED, the attached properties include immovable assets such as agricultural land and residential sites, along with other movable assets. The agency said these assets are believed to be proceeds of crime generated through illegal online betting and gambling activities.
The ED claimed that its investigation uncovered that Veerendra and his associates were the masterminds behind a nationwide illegal online betting network operating with the same modus operandi.
“The investigation has established that the accused generated substantial proceeds of crime by cheating the public through online betting and impersonation scams. In the scheme, unsuspecting players were induced to stake money on rigged illegal gaming websites, which functioned like online casinos. Their deposits, running into crores of rupees, were collected through payment gateways into designated payment aggregator accounts,” Deccan Herald quoted the agency as saying.
“The victims were initially shown fake winnings to build trust and were later blocked from withdrawing money. The investigation revealed the use of hundreds of mule accounts and multiple payment gateways for laundering the proceeds of crime,” the agency said.
Earlier, the ED carried out search and seizure operations at more than 60 locations across several states, during which large quantities of cash, gold bullion, gold and silver jewellery, vehicles, digital devices and incriminating documents were seized.
The ED also arrested Veerendra under Section 19 of the Prevention of Money Laundering Act (PMLA), and a prosecution complaint has been filed before the Special PMLA court. Based on the evidence gathered, the agency has provisionally attached properties held directly and indirectly by him, which are believed to be linked to money laundering.
“With this, the ED has attached assets worth more than ₹320 crore in the present case under the provisions of the PMLA, 2002. Further, during the course of the investigation, proceeds of crime exceeding ₹2,300 crore have been identified so far, which were generated through illegal online betting and gambling activities and subsequently laundered through multiple layers of transactions,” the agency said.
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Two held for trying to 'bribe' Odisha Cong MLAs ahead of RS polls: Party sources
Bengaluru (PTI): Two people were arrested for allegedly attempting to bribe Odisha Congress MLAs, who are staying in a resort near here, party sources claimed on Sunday.
Eight MLAs, along with some other Odisha Congress unit office bearers are camping in a resort.
They have been flown to Bengaluru with apprehensions of horse trading during the Rajya Sabha elections in favour of ruling BJP's Rajya Sabha candidate.
According to the Congress sources, two persons were apprehended at a private resort for attempting to buy over Orissa Congress MLAs.
"Two people have been arrested. One of the accused has been named as Suresh. Hunt is on for the third accused, who is a defeated Lok Sabha candidate," a source told PTI.
Blank cheques were also found in their possession, they claimed. They shared the photograph and blank cheques as well.
"They tried to negotiate with the Congress MLAs by offering a blank cheque. Both have been caught and handed over to the Bidadi police," the source said.
Police sources said that they have been arrested.
According to Congress sources, the Rajya Sabha elections in Odisha will take place on Monday. The BJP has fielded one more candidate, which raised apprehensions of horse-trading.
Congress and the Biju Janata Dal have fielded a candidate.
