ED raids 15 locations in Telangana, Andhra over alleged online betting fraud
- The Enforcement Directorate, searched 15 locations across Telangana and Andhra Pradesh, including Hyderabad and Vijayawada.
- • The raids targeted suspected online betting and fake investment apps that allegedly cheated people of hundreds of crores.
- Investigators suspect the money was secretly transferred abroad through fake companies and cryptocurrency transactions.
- ED officials examined bank records and digital devices, while reported cash recoveries remain unconfirmed.
Source: telanganatoday.com
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