On 14 august 2020, a Chinese national with his three Indian associates have been arrested in a crackdown on an illegal gambling racket. After launching into the allegations money laundering against different Chinese nationals and their associate based on India by the income tax department. The alleged gambling was organised by different companies under umbrella of China based firm called BejingT Power Company.
Hyderabad police said the arrested personhad a Chinese national head of operations for South Asia of this online gambling business with his three associatesDheeraj Sarkar, Ankit Kapoor, Neeraj Tuli. These four accused were arrested based on complaint filed by two persons who lost Rs 1.64lakhs and Rs 97,000 after placing bets while playing the online games.
During investigation it was found that online gaming was being organized by initiating prospective gamers through Telegram groups. Entry is by reference only and members who introduce a certain member of new members are paid a commission. On these groups the admins will usually indicate the websites on which the registered members can play games and place wagers/bets. These websites would be changed on a daily basis. In this particular format it was found that players would place bets on colours in a game called Colour Prediction. Investigation revealed that the bank accounts and payment gateways were linked to the companies Link Yun, Dokypay and Spot Pay and several other companies. The effort of the group is to constantly establish new companies and more operations from one company to other. The names of some of the companies linked with these operations / directors / share holders.
The domain name servers of the gaming websites are based out of China and the data hosting services is cloud based in US and operated from China. The entire technical operation is run by the China based directors/partners of these companies. The payments were being routed through India based payment service providers/gateways. In this case it was presently Paytm and Cash Free. It is understood from the investigation so far that the companies are controlled through a firm called as Beijing T Power Company based out of China.
The total value of inward transaction on the two accounts traced so far is nearly Rs. 1100 Crores majority of which is in the year 2020. Most of the remittances have been transferred to different other accounts which are being traced and some of the accounts are overseas. Total overseas remittances known as of now is nearly Rs. 110 Crores. The group was planning to register a company in Cayman Islands.
In recent times cases of suicide due to online betting were reported from the state and other parts of the country which will be investigated from this angle. It is also learnt that these groups are possibly involved in other cyber crime activities like phishing, running banned apps and dating apps etc.
It was found that there were nearly (28) complaints from different states regarding their activity. The concerned will be informed for action at their end. Co-operation will be sought from other agencies for evaluating financial transaction and compliance with other laws. Further investigation is in process.
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