Gaming apps launder money using kirana stores in Mumbai, ED uncovers
Thursday, 5 September 2024 () The Enforcement Directorate has discovered a money laundering scheme tied to illegal gaming and betting apps. Local shop owners, believing they were participating in legitimate transactions, unknowingly facilitated payouts through the RBI's domestic money transfer system. These operators use small retail outlets and fake e-commerce websites to distribute winnings, complicating efforts to trace the funds.
Thursday, 5 September 2024 ()
