Get All Access for $5/mo

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

For more than 30 years, Entrepreneur has set the course for success for millions of entrepreneurs and small business owners. We'll teach you the secrets of the winners and give you exactly what you need to lay the groundwork for success.
Business News

Y Combinator Helped Launch Reddit, Airbnb and Dropbox. Here's What I Learned From Its Free Startup School.

The famed startup accelerator offers a free course on building a business — and answers five pressing questions for founders.

Science & Technology

Why We Shouldn't Fear AI in Education (and How to Use It Effectively)

Facing resistance to new technologies in the educational process is nothing new, and AI is no exception. Yet, this powerful tool is set to overcome these challenges and revolutionize education, preparing students and professionals for a future of unparalleled efficiency and personalized learning.

Green Entrepreneur®

6 Ways to Profitably Integrate Eco-Friendly Practices into Your Business

Sustainability efforts can improve operational efficiency, increase customer demand and boost profitability. Here, we highlight six easy ways entrepreneurs and small businesses can capture the financial benefits of sustainability.

Business News

A Former Corporate Lawyer Now Makes Six Figures on YouTube — Here's How She Does It

Here are the secrets to starting and growing a successful YouTube channel, according to a YouTuber with millions of subscribers.

Business Culture

You'll Always Have Anxious Employees if You Don't Follow These 4 Leadership Tactics

Creating a thriving workplace environment hinges on the commitment of company leaders to nurture and inspire their teams.