ED says crackdown on online betting websites found Chinese involvement

The Enforcement Directorate (ED) said on Saturday it has unearthed an online betting scam that involved Chinese nationals and used payment wallets such as Paytm, Cashfree and Razorpay to make remittances worth Rs 1,200 crore in India and abroad.

ED officials said they are tracking hundreds of websites, allegedly run by Chinese entities, and seized Rs 47 crore after searching more than 15 locations in Delhi, Gurugram, Mumbai and Pune on Friday. The agency froze accounts held in HSBC Bank and seized hard disk, laptops and incriminating documents, said sources.

The ED’s action is the part of a money laundering probe initiated after a first information report registered by the cyber cell unit of Hyderabad Police. The case was filed against Dokypay Technology and Linkyun Technology and three Linkyun managers, including a Chinese national.