MUMBAI: The Enforcement Directorate's (ED's) money-laundering investigation into an alleged online betting website has revealed that the site earned profits that were more than 50 per cent of the total deposits made by the betting players.
The probe revealed the alleged use of a network of shell firms/mule bank accounts to divert the money deposited by the players in transactions to the betting site, Magicwin.
This story is from the December 30, 2024 edition of Hindustan Times Thane.
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This story is from the December 30, 2024 edition of Hindustan Times Thane.
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