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Mumbai: Based in Dubai mahadev group The partners, along with the sister of a Bangladeshi cricketer, set up a gambling and betting company in Bangladesh. They are promoting her website, but now this his website is being scrutinized by the police. Executive Directorate (ed.).
of mahadev The promoters of the group have made significant investments, including buying real estate worth around Rs 800 crore in the UAE. He has also invested heavily in the under-construction Star Hotel on Al Marian Island, along with bookie Surendra Bagri aka Junior Kolkata. Additionally, the group has invested Rs 40 billion in casinos in Nepal.
The Enforcement Directorate (ED) discovered these details while examining digital and documentary evidence collected during recent raids in Pune, Delhi, Kolkata, Goa, Haryana and Madhya Pradesh. Information was also obtained through questioning of arrested defendants and witnesses.
In a recent development, the ED has arrested Girish Tareja and Suraj Chohani. The ED said that some of Mahadev Group’s investments were made through these arrested individuals.
The ED suspects that Mahadev Group is seeking to establish a strong business presence in other countries to facilitate money laundering and ensure continuity of operations. Sources said the company may also have plans to set up a subsidiary in India by setting up a betting and gaming app company in Bangladesh.
During investigation, ED found that Mahadev Group had multiple partners involved and had established multiple tiers for asset purchases.
The group, through Suraj Chokhani, has investments in casinos in Nepal and gaming and betting apps in Bangladesh. The properties in Dubai were purchased in the names of Tareja, Subham Soni, Ratan Lal Jain and Nitish Diwan.
Talreja held the operating rights of lotus365 app and its Pune branch had a revenue of around Rs 2000 crore.Cash business of 50 billion yen per month
of mahadev The promoters of the group have made significant investments, including buying real estate worth around Rs 800 crore in the UAE. He has also invested heavily in the under-construction Star Hotel on Al Marian Island, along with bookie Surendra Bagri aka Junior Kolkata. Additionally, the group has invested Rs 40 billion in casinos in Nepal.
The Enforcement Directorate (ED) discovered these details while examining digital and documentary evidence collected during recent raids in Pune, Delhi, Kolkata, Goa, Haryana and Madhya Pradesh. Information was also obtained through questioning of arrested defendants and witnesses.
In a recent development, the ED has arrested Girish Tareja and Suraj Chohani. The ED said that some of Mahadev Group’s investments were made through these arrested individuals.
The ED suspects that Mahadev Group is seeking to establish a strong business presence in other countries to facilitate money laundering and ensure continuity of operations. Sources said the company may also have plans to set up a subsidiary in India by setting up a betting and gaming app company in Bangladesh.
During investigation, ED found that Mahadev Group had multiple partners involved and had established multiple tiers for asset purchases.
The group, through Suraj Chokhani, has investments in casinos in Nepal and gaming and betting apps in Bangladesh. The properties in Dubai were purchased in the names of Tareja, Subham Soni, Ratan Lal Jain and Nitish Diwan.
Talreja held the operating rights of lotus365 app and its Pune branch had a revenue of around Rs 2000 crore.Cash business of 50 billion yen per month
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