<h1>Enforcement agency seeks provisional attachment of crores in assets linked to online betting; endorsements deemed proceeds under Section 50 PMLA</h1> The Enforcement Directorate, investigating an online betting platform, plans provisional attachment of movable and immovable assets worth crores under the Prevention of Money Laundering Act, treating endorsement fees and acquisitions by certain sportspersons, actors and influencers as 'proceeds of crime.' Assets, including properties abroad, are being quantified and will be sent to the PMLA Adjudicating Authority for confirmation before a chargesheet is filed in a designated court for confiscation. The agency recorded statements under Section 50 PMLA, sought contracts, payment records and communications, and questioned modes and locations of payment and the deponents' awareness of legal prohibitions on online betting.