The promoters of Mahadev online betting app had inks with D-company, the crime syndicate founded and controlled by Dawood Ibrahim, the Enforcement Directorate has found during a probe into the case. The promoters, the ED said, were in touch with Dawood Ibrahim’s brother to create a similar betting platform for Pakistan. Based on these leads, the ED is likely to frame terror-related charges against Sourabh Chandrakar, sources told Times Now.
Dawood Ibrahim’s brother, Mustaqeem Ali Kaskar, got in touch with Sourabh Chandrakar after the success of Mahadev online betting app and asked him to make a similar betting platform for Pakistan that would be dealing in Pakistan currency. Mustaqeem also provided around 30 bodyguards to Chandrakar during his Dubai visit.
The new details emerged during the ED probe into the Mahadev online betting app racket is the new ‘chit fund’ scam of India in terms of its all-encompassing magnitude. The money in the online betting app racket was laundered through at least 500 hawala operators and around 70 shell companies to Middle Eastern countries, including Dubai.
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A number of influential and powerful people, including senior politicians, bureaucrats, celebrities, and businessmen, were involved in it.
The probe into the Mahadev betting app progresses have revealed a bunch of crucial data, evidence, and details that can blow the lid off a possible financial conspiracy against the country.
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The promoters of the betting app, ED sources said, have been laundering money to Middle Eastern countries, including Dubai, operating from Pakistan, and spreading their business in Thailand — all through a large racket of Hawala operators and over 70 shell companies.
Developed by four young individuals from Madhya Pradesh, the Mahadev betting app slowly took over at least 10 such betting apps running across the country illegally. Some of the apps that came under the Mahadev betting empire include Lotus 365 and ReddyAnna.
