Hyderabad, Feb 19 (IANS) GST intelligence, Hyderabad, has arrested Pankaj Kumar, founder and director of Adsum Advisory Service Pvt Ltd, in the case of an organised syndicate worth Rs 13,000 crore involved in operating illegal online gaming websites with the assistance of associated fintech companies. Directorate General of GST Intelligence, Hyderabad Zonal Unit, said on Thursday that the arrest is a significant development linked with the online gaming investigation.Adsum Advisory Service…
Latest Payment Gateways News & Updates
Bengaluru, Jan 29 (IANS) The Enforcement Directorate (ED) provisionally attached assets worth Rs 177.3 crore on Thursday under the provisions of the Prevention of Money Laundering Act (PMLA), 2002 in the case relating to illegal online betting and gambling involving Congress MLA K.C. Veerendra and his associates. The ED has also identified Proceeds of Crime (PoC) worth Rs 2,300 crore.According to the official statement by the ED, Bengaluru Zonal Office, “On the basis of material evidence gathere…