Gameskraft Probe: ED Freezes Assets Worth Rs.526 Cr, Alleges Bot-Based Manipulation
India, May 14 -- The Enforcement Directorate (ED) has frozen assets worth Rs.526.49 Cr, seized gold jewellery worth Rs.3.5 Cr and Rs.11 Lakh cash as part of its ongoing money laundering probe against Gameskraft Technologies.
The probe agency, in a statement, said searches conducted during May 7-13 across Bengaluru and Delhi NCR led to the freezing of movable assets, including bank deposits, payment gateway balances, mutual funds, bonds and fixed deposits.
The ED also seized gold and diamond jewellery worth Rs.3.5 Cr during the raids conducted under the Prevention of Money Laundering Act (PMLA).
The statement came days after the agency arrested Gameskraft cofounders Deepak Singh, Prithvi Raj Singh and Vikas Taneja in connection with the...
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