Indore (Madhya Pradesh): The Directorate of Enforcement (ED), Indore, conducted search operations at five locations in Indore, Ujjain, and Ludhiana on December 12, 2024, in connection with a case of illegal cricket and tennis betting.
The ED initiated an investigation based on an FIR filed by Ujjain Police, Madhya Pradesh, related to illegal betting. The investigation revealed that Piyush Chopra, along with his associates, generated proceeds of crime through large-scale cricket betting using SIM cards procured with fake documents.
Chopra established a betting network where he and his team placed bets on the website LONDONEXCH9.COM. Hawala transactions were used to fund these bets and handle winnings. A software named “Horse,” obtained through Abhay Chopra and Sanjay Agrawal—allegedly involved in similar activities—was used to track betting transactions.
During the searches, officials uncovered various incriminating documents and digital devices connected to the illegal betting network. Additionally, they seized unaccounted cash amounting to ₹31 lakh and froze investments worth ₹8 crore, including funds in mutual accounts, fixed deposits, and bank balances. The seized evidence sheds light on the scale of the operation and its financial aspects. The ED is continuing its investigation to identify further connections and uncover additional details about the individuals and methods involved in this illegal betting scheme.
