ED attaches Rs 23.35 crore assets in Karnataka MLA KC Veerendra-linked online betting racket case
New Delhi, Oct. 27 -- The Enforcement Directorate (ED) on Tuesday said it has attached Rs 23.25 crore movable and immovable properties in connection with Karnataka MLA KC Veerendra-linked alleged online betting racket case.
ED's Bengaluru zonal office attached movable properties, totally valued at Rs 13,76,96,706 and immovable properties valued at Rs 9,58,50,000 totalling Rs 23,35,46,706 under the Prevention of Money Laundering Act (PMLA), 2002, in the case of Veerendra and others.
ED said its investigation was initiated on the basis of multiple First Information Reports (FIRs) alleging cheating, cheating by personation, criminal conspiracy and extortion through online betting and gambling platforms.
As per the agency, its investigatio...
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