Mumbai Crime Branch Takes Over Mahadev Betting App Case; Dabur Group Denies Involvement
Written by Sanjay Kumar
In a significant development, the Mahadev betting app case has taken a new turn as the First Information Report (FIR) filed at Matunga police station has been transferred to the Mumbai crime branch. The Mumbai Police had previously registered the FIR, implicating 32 individuals, including Mohit Burman and Gaurav Burman, on charges related to fraud and gambling.
The Dabur group, however, has vehemently denied any association with the Mahadev betting app case. In a statement, a spokesperson for the Burman family labeled the accusations as “baseless” and timed conveniently with their ongoing bid to acquire Religare Enterprises.
“We have not received any formal communication on any such FIR. However, we have sighted the FIR which is being circulated to media houses. The FIR is patently false and baseless. Nothing could be further from the truth than as wrongly stated in the FIR,” the spokesperson declared.
Furthermore, the spokesperson alleged that the FIR was a strategic move by vested interests to obstruct the Burman family’s acquisition of Religare Enterprises Limited.
The Dabur promoters had recently called for an investigation into the sale of Religare shares by Chairman Rashmi Saluja. They contended that Saluja disposed of her shares immediately after the Burman family disclosed their plans for an open offer.
The Enforcement Directorate (ED) is actively investigating the illegal betting app syndicate and recently conducted raids on Mahadev Book in Chhattisgarh. The Centre has issued blocking orders against 22 illegal betting platforms, including the Mahadev app, following a request from the ED.
The owners of the Mahadev app are presently in custody, arrested under the provisions of the Prevention of Money Laundering Act (PMLA). The ED revealed that a forensic analysis and a statement from a “cash courier” led to a startling allegation of ₹508 crore being paid to Chhattisgarh Chief Minister Bhupesh Baghel by Mahadev app promoters.
According to the ED, Mahadev’s online book app operated by franchising “Panel/Branches” to associates on a 70-30 profit ratio. The application allegedly facilitated the enrollment of new users, creation of IDs, and money laundering through a complex network of Benami bank accounts. Notably, the app offered online casino and betting platforms, activities strictly regulated or deemed illegal in India.
The founders of the Mahadev app, Sourabh Chandrakar and Ravi Uppal, both residing in Dubai, have a controversial history. Chandrakar, formerly a juice vendor, and his associate Uppal have come under scrutiny for their role in the illicit operations of the betting application. The investigation continues to unfold as authorities delve into the intricate web of financial transactions and connections associated with the Mahadev betting app case.
Must Read:-
- Top 10 Largest Oceans and Seas in the World
- Top 10 automobile companies in India 2023
- Top 10 Electrical Companies in India 2023
- Top 10 Real Estate Companies in India-2023
- Top 10 most awaited & upcoming Hindi web series 2023-24
- Top 10 Clothing Brands in India 2023
- Top 10 best cultures in the world-2023
- Top 10 best country to work and live in 2023
- Top 10 best country for education 2023
- Top 10 Most Followed Celebrities on Instagram 2023
- The Inspiring Success Story of Bear Grylls
- Top 10 Business Coaches in The World to Guide Entrepreneurs In 2023
- Top 10 movies based on True Stories you must watch before you die
- Top 10 Best Online Doctor Consultation Apps in USA
