The Enforcement Directorate has attached assets worth ₹307.16 crore under the Prevention of Money Laundering Act, 2002, as part of its investigation into the illegal online betting and unauthorised broadcasting platform Fairplay. The assets include luxury villas, flats, land in Dubai, and large bank balances. With this action, the total value of assets seized in the case has risen to ₹651.31 crore.
The probe began after a complaint was filed by a media company with the Cyber Police in Mumbai, alleging that Fairplay and its associates were involved in the unauthorised broadcast of copyrighted content and online betting operations, causing losses of over ₹100 crore. Several FIRs filed across India were later merged into a single investigation by the Enforcement Directorate.
Officials said Fairplay’s network generated proceeds of crime running into hundreds of crores. Funds were allegedly routed abroad through trade-based money laundering and then converted into assets held under the names of family members and proxy entities.
The agency has identified Krish Laxmichand Shah as the alleged mastermind, operating from Dubai with the support of Anil Kumar Dadlani and others. Shah is said to have created multiple companies across international locations, including Curaçao, Dubai, and Malta, to manage operations. Authorities allege that Shah and his associates used these entities to acquire prime properties and business interests in Dubai.
The Fairplay betting case has witnessed several enforcement actions. Searches were carried out in June, August, September, and October 2024, leading to the seizure of documents, digital evidence, and movable assets. Provisional Attachment Orders were issued in November and December 2024, and in January 2025. In February 2025, key operatives Chintan Shah and Chirag Shah were arrested. A prosecution complaint was filed in April 2025, and the Special PMLA Court in Mumbai has taken cognisance of the matter.
The Enforcement Directorate stated that platforms like Fairplay not only violate Indian gambling laws but also act as channels for hawala operations and offshore money laundering. Officials confirmed that the Fairplay betting case investigation is continuing, with more seizures and arrests expected.
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