https://www.taxtmi.com/news?id=72808 Enforcement action under the Prevention of Money Laundering Act involved searches at an online gaming platform and its founders, leading to freezing of bank and payment gateway deposits and seizure of jewellery, bullion and cash. The probe alleged that the platform hosted real-money rummy games, collected commission on wagering amounts, and used BOTs without users' knowledge or consent. It also alleged laundering of the alleged proceeds through foreign investments, dividends, mutual funds, bonds, and property investments. en-us Thu, 14 May 2026 21:31:04 +0530 Thu, 14 May 2026 21:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=72808 Enforcement action under the Prevention of Money Laundering Act involved searches at an online gaming platform and its founders, leading to freezing of bank and payment gateway deposits and seizure of jewellery, bullion and cash. The probe alleged that the platform hosted real-money rummy games, collected commission on wagering amounts, and used BOTs without users' knowledge or consent. It also alleged laundering of the alleged proceeds through foreign investments, dividends, mutual funds, bonds, and property investments. News - Thu, 14 May 2026 21:31:04 +0530 https://www.taxtmi.com/news?id=72808