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ED attaches Rs 442 crore assets in online rummy case

ED attaches Rs 442 crore assets in online rummy case
ED attaches Rs 442 crore assets of company running online rummy games · thehansindia.com

The Enforcement Directorate has taken control of properties and money worth Rs 442.35 crore.

The assets are connected to companies that operated online rummy games.

These companies used brands such as RummyCulture and RummyTime.

The ED says about three crore people used their platforms.

It alleges that the companies secretly used computer programs called BOTs to play against users.

The ED says this caused users to lose money while the companies earned commissions.

It also alleges that the money was moved into investments, shares and properties to make it appear legitimate.

Altogether, the ED says it has attached, frozen or seized assets worth Rs 2,843 crore in the case.

Key facts

Latest attachment
Rs 442.35 crore in movable and immovable assets
Companies named
Gameskraft Technologies and RummyTime Technologies
Gaming brands
RummyCulture, RummyPrime, Playship and RummyTime
Reported user base
Around three crore users across India
Platform commissions
Between 10% and 15% of users' staking or wagering amounts
Earlier action
Rs 495 crore in movable assets was frozen, alongside Rs 11 lakh in cash and 2.30 kg of gold and diamond jewellery
Total action so far
Rs 2,843 crore in proceeds of crime attached, frozen or seized, according to the ED

Sources

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