https://www.taxtmi.com/news?id=52001 Enforcement Directorate filed a prosecution complaint under the Prevention of Money Laundering Act against operators of an online betting app alleged to have collected user funds by promising guaranteed returns, routed receipts through multiple merchant IDs and payment aggregators, and laundered proceeds via mule accounts, cash withdrawals, foreign currency purchases, cryptocurrency conversion, and transfers abroad; the case stems from a cybercrime FIR and follows searches and freezing of certain funds. en-us Fri, 08 Aug 2025 20:46:03 +0530 Fri, 08 Aug 2025 20:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=52001 Enforcement Directorate filed a prosecution complaint under the Prevention of Money Laundering Act against operators of an online betting app alleged to have collected user funds by promising guaranteed returns, routed receipts through multiple merchant IDs and payment aggregators, and laundered proceeds via mule accounts, cash withdrawals, foreign currency purchases, cryptocurrency conversion, and transfers abroad; the case stems from a cybercrime FIR and follows searches and freezing of certain funds. News - Fri, 08 Aug 2025 20:46:03 +0530 https://www.taxtmi.com/news?id=52001