https://www.taxtmi.com/news?id=63093 The Enforcement Directorate alleges promoters used a deceptive algorithm "PPP" to cheat players, generating illicit proceeds of about Rs 177 crore (May 2024-Aug 2025) and diverting funds-approximately USD 55 million-to a US shell entity's bank accounts, conduct pursued under the Prevention of Money Laundering Act and prompting arrests of the co-founders. en-us Fri, 28 Nov 2025 21:46:03 +0530 Fri, 28 Nov 2025 21:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=63093 The Enforcement Directorate alleges promoters used a deceptive algorithm "PPP" to cheat players, generating illicit proceeds of about Rs 177 crore (May 2024-Aug 2025) and diverting funds-approximately USD 55 million-to a US shell entity's bank accounts, conduct pursued under the Prevention of Money Laundering Act and prompting arrests of the co-founders. News - Fri, 28 Nov 2025 21:46:03 +0530 https://www.taxtmi.com/news?id=63093