Archive · 6 Sep 2025
Karnataka MLA's ₹2,000 Crore Illegal Betting Scheme Under ED Probe
Imagine a politician running websites where people bet money.
Investigators found that a huge amount of money, over ₹2,000 crore, flowed through just one way these websites took payments.
They suspect this is part of a bigger scheme involving multiple websites and ways to hide the money.
The politician, along with others, allegedly used different payment services and companies to move the money around, including some in Dubai.
Investigators are looking into hundreds of bank accounts used to transfer money.
The politician was arrested, and the investigation is ongoing to figure out where all the money went.
Enforcement Directorate (ED) claims ₹2,000 crore transferred through one payment gateway linked to Karnataka MLA.
MLA K C Veerendra Puppy arrested for alleged involvement in illegal online betting operations.
The ED is investigating multiple payment gateways and the use of 'mule accounts' for routing funds.
Searches were conducted at 31 locations linked to Puppy and his associates.
The MLA is facing multiple cases of fraud related to betting sites in different parts of India.
- Who
- Karnataka MLA K C Veerendra Puppy and associates.
- What
- Alleged operation of illegal online betting websites and laundering funds.
- When
- Recent investigation.
- Where
- Karnataka, Goa, Hyderabad, Vadodara, and Dubai.
- Why
- To investigate financial activities related to illegal online betting.
- Accused
- Karnataka MLA K C Veerendra Puppy
- Alleged Crime
- Operating illegal online betting websites
- Amount Investigated
- ₹2,000 crore from one payment gateway
- Number of Gateways
- 9
- Additional Charges
- Money laundering and fraud
- Mule Accounts
- 262 accounts linked to the scheme
- Locations Searched
- 31 locations