ED raids Probo, freezes ₹284.5 crore in illegal betting probe

ED raids Probo, freezes ₹284.5 crore in illegal betting probe

The ED raided four Probo Media premises in Haryana under the PMLA, linked to illegal online betting disguised as "opinion trading". They froze ₹284.5 crore in deposits, shares, and lockers. Investigators alleged that binary yes/no games misled users, lacked KYC and age checks, and accepted ₹134.84 crore from offshore entities.

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