ED Uncovers Money Laundering via Kirana Stores Using Illegal Betting Apps

• The Enforcement Directorate (ED) has found illegal gaming and betting apps laundering money through kirana stores.
• A 40-year-old mobile accessories shop owner in a Dahisar slum and another shop in Naya Nagar, Mira Road were implicated.
• Apps like Mahadev Online Book, FairPlay, and MagicWins are under investigation.
• Kirana store owners were misled into believing they were operating under the RBI's domestic money transfer framework.
• ED's intensified vigilance comes amid rising influence of offshore betting platforms in India.

Source: Inc42