India, July 11 -- In its crackdown on the Mahadev Online Book (MOB) betting syndicate, the Enforcement Directorate (ED) has attached Rs.940.77 crore worth of assets linked to businessman Vikas Garg, alleging the properties were purchased using money laundered through illegal betting operations of MOB and Skyexchange platforms.

ED officials said the attached assets belong to Garg, his family members and entities owned or controlled by him. The properties include residential units, land parcels, equity shares and other securities.

According to the agency, proceeds of crime from the alleged betting syndicates were laundered through a multi-layered network of shell entities, accommodation entries and layered financial transactions to disgui...