The Enforcement Directorate has charged WinZO and its promoters, alleging ₹734 crore losses due to manipulated algorithms.
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The ED investigation revealed that the proceeds of crime so derived by Winzo were laundered through shell companies.
The ED case against the Winzo app stems from multiple FIRs. The probe agency raided premises linked to Winzo last November.
ED’s Bengaluru zonal office filed the prosecution complaint on January 23 before a local court designated to try cases under ...
The Enforcement Directorate on Sunday said it has chargesheeted real-money online gaming app WinZO and its promoters, alleging that players lost Rs 734 crore on the platform as the company “embedded” ...
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