ED Raids 12 Locations Across 4 States In Parimatch Illegal Betting Money Laundering Probe

The ED searched 12 locations across Maharashtra, Delhi-NCR, Rajasthan and Gujarat in its money laundering probe into illegal betting platform Parimatch and its associates. The agency alleges that mule accounts, payment intermediaries, BC networks, CMS channels and hawala routes were used to conceal and transfer betting proceeds.