Tech
ED freezes Rs 192 crore linked to Winzo in money laundering probe
[ad_1]
The Enforcement Directorate (ED) has frozen assets worth around Rs 192 crore after conducting search operations linked to online real money gaming (RMG) platform WinZO, according to an official statement issued on Thursday.
The searches were conducted on December 30 by the ED’s Bengaluru zonal office at the premises of an accounting firm associated with WinZO, as part of a probe under the Prevention of Money Laundering Act (PMLA), 2002.
During the operation, the agency froze what it described as “proceeds of crime” held by ZO Games, WinZO’s…
[ad_2]
Source link
Continue Reading