Pune, Maharashtra's Pune district police on Wednesday claimed to have busted a set-up that used to process payments for illegal betting applications, including the Mahadev betting app.
Police officials said more than 90 persons found on the premises are being interrogated.
Police raided a three-storey building in Narayangaon around midnight on Tuesday after receiving information that betting-related operations were being carried out there, an official said.
“As a result, we conducted a raid. Subsequent inquiries revealed that despite not being directly involved in betting, the unit was actually processing payments for illicit betting platforms like Mahadev betting app,” said Pune district superintendent of police Pankaj Deshmukh.
According to Deshmukh, the operation involved processing payments through "mule accounts". “Outwardly, the unit appears to be a finance or loan processing division of a company. However, its real involvement was in facilitating payments for illegal betting applications,” he said.
He said the building was taken on lease for the last two months and the university was operational during this period.
“We have called more than 90 people, including a local, for questioning and the process of initiating legal proceedings is underway,” Deshmukh said.
Calling it a big scam, the officer said that its magnitude and all the people involved will be revealed during the investigation.
According to the Enforcement Directorate, the estimated proceeds of crime in the Mahadev betting app case is around Rs 6,000 crore.
Police officials said more than 90 persons found on the premises are being interrogated.
Police raided a three-storey building in Narayangaon around midnight on Tuesday after receiving information that betting-related operations were being carried out there, an official said.
“As a result, we conducted a raid. Subsequent inquiries revealed that despite not being directly involved in betting, the unit was actually processing payments for illicit betting platforms like Mahadev betting app,” said Pune district superintendent of police Pankaj Deshmukh.
According to Deshmukh, the operation involved processing payments through "mule accounts". “Outwardly, the unit appears to be a finance or loan processing division of a company. However, its real involvement was in facilitating payments for illegal betting applications,” he said.
He said the building was taken on lease for the last two months and the university was operational during this period.
“We have called more than 90 people, including a local, for questioning and the process of initiating legal proceedings is underway,” Deshmukh said.
Calling it a big scam, the officer said that its magnitude and all the people involved will be revealed during the investigation.
According to the Enforcement Directorate, the estimated proceeds of crime in the Mahadev betting app case is around Rs 6,000 crore.
