Bollywood Actor Ranbir Kapoor Summoned by ED in Mahadev Betting App Money Laundering Case
The Enforcement Directorate (ED) has summoned popular Bollywood actor Ranbir Kapoor for questioning on Friday regarding his alleged involvement in the Mahadev betting application money laundering case in Chhattisgarh. Kapoor is accused of receiving funds from the app’s promoters in exchange for performing at one of the promoter’s weddings. The Mahadev betting application, operated by Sourabh Chandrakar and Ravi Uppal from Dubai, has been under scrutiny for enrolling new users, creating IDs, and laundering money through a complex network of benami bank accounts.
The ED has revealed that the app operates through franchising arrangements and engages in large-scale hawala operations to transfer betting proceeds to offshore accounts. Several other celebrities and actors are also reportedly under investigation in connection with this case and are expected to be summoned soon.
This case has brought to light a sophisticated operation involving offshore activities and large-scale hawala transactions. The Mahadev betting application, based in the UAE, operated by franchising “Panel/Branches” to associates, with profits divided on a 70-30 ratio. The funds derived from betting were then channeled through intricate hawala channels to offshore accounts, and substantial cash expenditures were made in India for the advertising of these illegal betting websites. Ranbir Kapoor’s summons indicates that the ED is delving into the possible involvement of celebrities and actors in this intricate web of financial misconduct, emphasizing the seriousness with which the authorities are addressing this matter.
