📺 Stream EntrepreneurTV for Free 📺

Ranbir Kapoor Summoned By ED For Mahadev Online Betting Case. Here's What The Investigation Is About Actor Ranbir Kapoor was summoned by the Enforcement Directorate yesterday with regards to the Mahadev online betting app case.

By Entrepreneur Staff

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Ranbir Kapoor in a still from his upcoming movie, Animal.

Actor Ranbir Kapoor was summoned by the Enforcement Directorate yesterday with regards to the Mahadev online betting app case. He has been directed to present in front of the ED on October 10.

Kapoor has been promoting the app on social media and reportedly received payments for the same. Various celebrities have been under the scanner for being part of the extravagant wedding of Sourabh Chandrakar, the co-promoter of the Mahadev app, which took place in Dubai. In the next few weeks, there is also a probability that other actors and singers shall be summoned by the agency.

Betting platform Mahadev Online, based out of the UAE is in the midst of an alleged money laundering case, regarding which the ED had conducted several searches in Kolkata, Bhopal and Mumbai. Around INR 200 crore was allegedly spent by the app's promoter on the wedding, and the ED is in the process of trailing the money sources.

The investigation has also revealed that the celebrities who attended and performed at the wedding were paid huge amounts through suspect methods. With respect to the case, the ED froze seized assets worth INR 417 crore and it was discovered that Vikash Chhaparia, based out of Kolkata, was running the entire hawala racket for the app.

All this comes at a pivotal phase as the government has also levied 28% GST on online gaming platforms starting from October 1, which was met with a lot opposition from those involved in the industry. In the days and weeks to come, it remains to be seen which other famous personalties would be sumoned by the ED in regards to the case and what ultimately happens to stars such as Kapoor and the rest.

Entrepreneur Staff

Entrepreneur Staff

Editor

Marketing

Want to Know the Secret to Closing More Sales? 65% of Consumers Say They Will Buy If Your Company Does This.

Encouraging and supporting your employees in their personal branding efforts is not just a strategy for individual growth, but it's also a forward-thinking business approach to elevate your company in a competitive market.

Marketing

How to Attract Website Visitors in the AI Era — 4 Alternative Channels to Explore

As Google shifts towards generative search results, website owners must adapt their marketing strategies to maintain and grow their audience. Discover proven tactics for expanding your reach and attracting visitors through alternative channels.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Growing a Business

Turn Your Startup into a Powerhouse With These 6 Financial Growth Hacks

Actionable financial hacks and strategies to help entrepreneurs manage their finances better, increase revenue, and grow their businesses.

Money & Finance

Young People Should Take 2 Steps If They Want to Buy a House Without Generational Wealth, Says Financial Educator Who Paid Off $50,000 Debt in 2.5 Years

Giovanna Gonzalez, The First Gen Mentor and author of 'Cultura and Cash,' reveals how to improve net worth despite a "different starting line."

Starting a Business

At 22 Years Old, He Made a 'Beautifully Stupid' Bet on Himself. Now This Founder Runs a $100 Million Online Business.

Charles Gillespie, founder and CEO of Gambling.com Group, says entrepreneurs need to embrace risk and bet big on themselves.