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Home » Cricket Home » Videos » IPL 8: ED conducts raids to crack down on betting racket

IPL 8: ED conducts raids to crack down on betting racket

Name: IPL 8: ED conducts raids to crack down on betting racket
Uploaded: 2015-05-22 10:48:04
Channel: News18.com
Description: ED sources revealed that with the help of earlier arrests officials have been able to track the betting syndicate involved in the entire scam.

Cricketnext Staff
Updated: May 22, 2015, 10:48 AM IST

Enforcement Directorate on Friday conducted searches in Delhi, Mumbai, Jaipur and few other places in connection with betting into the Indian Premier League matches. ED sources revealed that with the help of earlier arrests officials have been able to track the betting syndicate involved in the entire scam.

ED anticipated that a few players were being fixed by this racket and in this connection they have reached the door steps of a person named Anil Singhania in Mumbai. The probe has been widened and ED has evidence that the betting and fixing racket also has its roots in Dubai and Pakistan.

Earlier, the ED unearthed a massive betting and money laundering racket after a series of raid in several cities across India. Five bookies had been arrested under Prevention of Money Laundering Act (PMLA).

Soon after that two men arrested by the ED for running a hawala racket and betting syndicate related to IPL, has been taken by the agency to Ahmedabad, Gujarat, for investigation.

ED officials believe that many matches of this season of the IPL could also have been fixed. ED sources have also indicated that bets ranging from Rs 600 to 800 crore were being placed on every match in the ongoing season of the IPL.