MUMBAI, 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 disguise the funds as legitimate. Investigators alleged that Rs.940.77 crore was routed through entities linked to Garg before being used to acquire shares, securities and other assets. The ED launched its probe in 2022 based on FIRs registered by police in Chhattisgarh, Andhra Pradesh and West Bengal against the operators, promoters and associates of the betting platforms for offences including criminal conspiracy, cheating and forgery. The agency claims the MOB is one of the largest illegal betting syndicates unearthed in the country which operated from abroad, including Dubai, through a franchise-based network and generated more than Rs.450 crore every month from alleged illegal betting....