New Delhi, Sep 28: The Enforcement Directorate (ED) is soon expected to attach assets worth crores of rupees of certain sportspersons and actors under the anti-money laundering law in a case linked to an online betting and gaming platform.
Official sources said that an investigation into the case related to a portal, ‘1xBet’, has found that some of these celebrities utilised the endorsement fee paid to them for acquiring a variety of assets which qualified as the “proceeds of crime” under the anti-money laundering law.
The federal probe agency is expected to soon issue a provisional attachment order under the Prevention of Money Laundering Act (PMLA) to attach these movable and immovable properties, including some located abroad in countries like the UAE.
The quantification and valuatio