New Delhi/Bengaluru. The Enforcement Directorate has arrested three co-founders of Gameskraft Technologies in connection with an alleged money laundering investigation linked to online betting and financial irregularities. The case, estimated to involve nearly ₹1,000 crore in suspicious transactions, is being investigated under the Prevention of Money Laundering Act.
Searches Across Delhi-NCR and Bengaluru
The arrested individuals have been identified as Deepak Singh, Prithvi Raj Singh and Vikas Taneja. According to officials, Deepak Singh and Prithvi Raj Singh were taken into custody from the Delhi-NCR region, after which transit remand proceedings were initiated to produce them before a Bengaluru court.
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Vikas Taneja was arrested in Bengaluru and produced before the jurisdictional court there. The arrests are part of a broader probe based on multiple FIRs filed against Gameskraft Technologies and related entities.
Gaming Transactions Under ED Scanner
The FIRs allege cheating and illegal betting activities through online gaming operations. The ED has registered a case under PMLA and is examining whether funds routed through gaming platforms were used to disguise betting-related transactions.
Officials suspect that money collected from users may have been layered through multiple financial channels, making it difficult to trace the original source and final beneficiaries. Investigators are also examining whether the network involved offshore links or attempts to evade regulatory and banking scrutiny.
Documents and Digital Records Seized
As part of the operation, ED teams conducted coordinated searches at around 17 locations across Delhi-NCR and Karnataka. The searches continued for several hours and reportedly extended into the early morning.
Investigators seized key documents, digital records and financial transaction data believed to be important to the case. Officials said the probe remains at an early stage, and the allegations will be verified through detailed forensic and financial analysis.
Questioning of the arrested individuals is expected to focus on identifying other persons or entities connected to the alleged network. The ED is mapping digital footprints and financial trails to reconstruct the flow of funds, while further summons or arrests have not been ruled out.
