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Greater Kashmir - Business - News Image
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BusinessJan 31, 2025 09:38 PM

Online gambling pushes several Kashmiri families into financial crisis

Srinagar, Jan 31: Online gambling has become a growing menace in Kashmir, driving several families into severe financial distress and emotional turmoil. The easy accessibility of online betting platforms has lured many, particularly youth, with the illusion of quick financial gains. However, this often results in heavy monetary losses, debt and psychological suffering. According to details obtained by the news agency -- Kashmir News Observer (KNO), a youth from south Kashmir initially won Rs 10 ...Read More >

Weekly Voice - Business - News Image
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21
BusinessDec 04, 2024 05:49 PM

ED seizes Rs 1.36 cr in crypto, Rs 47 lakh cash in fraud case - Weekly Voice

New Delhi, Dec 4 (VOICE) The Enforcement Directorate (ED) has said it seized crypto (USDT) worth Rs 1.36 crore and Rs 47 lakh cash during search operations conducted in various cities in crypto fraud case. The search operations were conducted from November 28 to November 30 at 13 premises in Delhi, Gurugram, Jodhpur, Jhunjhunu, Hyderabad, Pune and Kolkata under the provisions of the Prevention of Money laundering Act (PMLA), 2002. The investigating agency said the search resulted into the recov ...Read More >

ETV Bharat News - Business - News Image
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6
BusinessDec 04, 2024 04:26 PM

ED Arrests Two CAs, Crypto Trader In Rs 640-Cr Cyber Fraud Case

New Delhi: Two chartered accountants and a cryptocurrency trader have been arrested here in a money laundering investigation linked to a cyber fraud case of Rs 640 crore, the Enforcement Directorate said Wednesday. A fourth person, the brother of another "absconding" CA whose farmhouse was raided on November 28 by the federal agency as part of this probe, has been arrested by the police for "attacking" the ED search party in the Bijwasan area of southwest Delhi that day. The ED had conducted se ...Read More >

LatestLY - Business - News Image
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28
BusinessDec 04, 2024 04:10 PM

India News | ED Seizes Rs 1.36 Cr in Crypto, Rs 47 Lakh Cash in Cyber Fraud Case | LatestLY

New Delhi [India], December 4 (ANI): The Enforcement Directorate (ED) seized cryptocurrency worth Rs 1.36 crore (USDT) from private wallets, along with unexplained cash amounting to Rs 47 lakh, during an investigation into a major money laundering case. The case pertains to cyber fraud involving illegal proceeds of approximately Rs 640 crore, generated through betting, gambling, part-time job scams, and phishing operations. The ED also recovered various incriminating documents linked to the fra ...Read More >

Investing.com - Business - News Image
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BusinessDec 02, 2024 03:46 PM

Rank Group appoints Christian Nothhaft as non-executive director By Investing.com

LONDON - The Rank Group (LON:RNK) Plc, a British gambling company, announced today the appointment of Mr. Christian Nothhaft as a non-executive director, effective immediately. This change comes as Mr. Chew Seong Aun retires from the board, also effective today. Mr. Nothhaft brings a broad range of experience to the Rank board, including expertise in digital transformation. Alex Thursby, Rank's chairman, expressed confidence in Nothhaft's abilities, stating that his international and strategic ...Read More >

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