edited by: Oindrila Mukherjee
Last Update: February 17, 2023, 00:50 IST
During the investigation of a Chinese company named Shigu Technology, the SFIO was successful in uncovering the betting scam. (Representational Image: AFP/File)
The domains of these websites are based out of India and the companies are operating from tax havens. The authorities have shared the information with the IT Ministry to block access to these websites.
The Serious Fraud Investigation Office has claimed to have busted a huge betting racket run by Chinese persons in India. Thousands of crores were being withdrawn India And an Indian national in Dubai, who was allegedly working for the Chinese, was on their radar, top government sources said.
SFIO has identified at least 289 such websites which are allegedly luring Indians for betting. The domains of most of these websites are based out of India and the companies are operating from tax havens. Indian authorities have shared information about these illegal betting websites with the Ministry of Electronics and Information Technology to block access to these websites.
Recently, during the investigation of a Chinese company named Shigu Technology, the SFIO was able to unearth the scam. It was found that the layers were made in such a way that it was almost impossible to identify the ultimate beneficiary. After extensive investigation, it was found that the ultimate beneficiary was a Chinese man by the name of Le Anming.
The SFIO has also identified Bhupesh Arora, an Indian who is currently in Dubai, as Anming’s counterpart. It is alleged that Arora is operating this betting racket through his pawns in India. Look Out Circular (LOC) has already been issued against him and when cnn-news18 When contacted, Arora denied his link with the betting racket.
According to Arora, he is in Dubai for his wife’s cancer treatment. He said he had received three summons from the SFIO, but had not joined the investigation. He further stated that he had no financial dealings with Shiguo Technologies or Anming.
SFIO has shared all the details with the Enforcement Directorate. On his request, the ED has already attached Arora’s movable and immovable properties including his house, luxury cars and demat account.
The Central Government has expressed concern over young Indians falling prey to illegal websites. In most of these websites, the algorithms are designed in such a way that there is no chance for an individual to win. The ultimate beneficiary of the money is a person sitting in China.
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