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₹3,000 Crore Cyprus-Based Betting Fraud: ED Freezes Mule Accounts Worth ₹110 Cr

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Mumbai, Aug 14: In a multi-city crackdown against a Cyprus-based illegal online betting platform, the ED has frozen Rs 110 crore parked in mule bank accounts as part of a Rs 3,000 crore fraud, an official said on Thursday.

Celebrities Linked to Promotion

Cricket stars Sunil Narine and Nicholas Pooran, a Bollywood actress and an Indian rap star were among the brand ambassadors of the platform Parimatch.

The ED initiated an investigation on the basis of an FIR registered by the Cyber Police Station, Mumbai, against Parimatch.com on complaints that it defrauded investors by luring them with high returns, generating over Rs 3,000 crore in a year.

Rejected Payment Aggregators Aided Transactions

The probe also uncovered that payment companies whose applications for Payment Aggregator licenses were rejected by the RBI, offered their services to Parimatch in the garb of technology service providers (TSPs) and offered their API (Application Programming Interface) to facilitate user fund collections, said an ED statement.

ED Seizes Evidence Across Multiple Cities

During the multicity searches, the Directorate of Enforcement (ED), Mumbai Zonal Office, seized incriminating documents and digital devices on Tuesday under the Prevention of Money Laundering Act (PMLA), 2002 from 17 locations in Mumbai, Delhi, Noida, Jaipur, Surat, Madurai, Kanpur and Hyderabad.

The probe against Parimatch revealed that the platform gained visibility through aggressive marketing, including sponsorship of sports tournaments and partnerships with well-known celebrities

The ED said the platform also set up Indian entities to run surrogate advertisements under the names “Parimatch Sports” and “Parimatch News”. Payments to these agencies were made via foreign inward remittances.

Searches revealed that Parimatch routed users’ funds through mule accounts using different strategies across the country.

Complex Money Laundering Network Exposed

In one case, funds deposited by users into mule accounts were withdrawn in cash in a specific locality in Tamil Nadu. This cash was handed over to hawala operators, who used it to recharge virtual wallets of a UK-based company.

These wallets were then used to buy USDT cryptocurrency in the name of mule crypto accounts, operated by Parimatch agents.

Maharashtra

Mumbai: Iconic Chowpatty Restaurant New Yorker To Shut Doors On September 11 After 45 Years, Hints At Relocation

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Mumbai: On a rainy Thursday, food lovers were shocked when an insta post from Ranbir Batra, owner of New Yorker, the iconic Tex-Mex-Italian-Indian vegetarian restaurant at Chowpatty seaface founded by his father Tony Brar, announced that the place was downing shutters on September 11. It was a kind of 9/11 moment for the foodies.

The message came like a bolt from the blue. No reasons were given for the sudden decision. Efforts to reach out to Ranbir were in vain.

Ever since this dining place with its cool interiors opened 45 years ago, two generations of Mumbaikars had enjoyed its delectable fare. If the oldies preferred to go to Cream Centre next door for its outsized baturas and chhole, the younger generation headed for New Yorker.

In fact, taking your girlfriend to NY was an in thing in the ’80s. It was ideally sandwiched between Cafe Ideal, where you can sip your chilled lager as you watched the sunset through its glass windows, and Cream Centre which continues to be a favourite with the aunties and uncles.

In his post Ranbir said, “There is sadness as this restaurant opened a few years before I was born, close to 45 years ago…..It is due to some unforeseen and unfortunate circumstances that we have to shut our doors…but we pray this is not the end. We hope to continue to serve you some of our most popular dishes via a delivery model soon enough and then the door will always be open for New Yorker to come back in a new way. For now though, we say goodbye to this location.”

The post hints that NY may relocate to another location. There is speculation that the building may be going in for redevelopment and that is the reason for NY’s closure.

NY was justly famous for its Mexican tomato soup, Feta cheese salad, Smoky chipotle hummus, Nachos, Mexican galouti tikkis, Paneer quesadilla, Bean and cheese enchiladas, Burrito bowl, Blue Tribe Veg Sausage pizza, Pesto Genovese, Good ol’ Arrabiatta, Mucho grande pizza, burger, hot dog et al. which could be downed with Oreo thickshake, cranberry mojito or Lemon masala jeera soda.

The dessert section boasted Mexican churros, Molten choco lava cake, triple hot fudge nut sundae etc and guaranteed to make you stay away from your weighing scales.

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Maharashtra

Mumbai Weather Update: Heavy Rains To Lash City Today, IMD Issues Yellow Alert For Sept 5-6

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WETHER

Mumbai: Mumbaikars woke up on Friday to a grey sky and yet another spell of rain-soaked morning showers, as the monsoon continued its firm grip over the city. The India Meteorological Department (IMD) issued a yellow alert for Mumbai, warning of heavy rainfall through the day on September 5 and 6. The prediction has kept civic authorities and residents on watch, with the city bracing for another round of waterlogging and traffic snarls.

According to the IMD’s forecast, the next 48 hours are expected to bring intermittent spells of heavy rain across Mumbai and its suburbs. Friday and Saturday will see generally cloudy skies with intense downpours, accompanied by humid and sticky weather. Daytime temperatures are likely to hover between 30–31 degrees Celsius, while the minimum will remain close to 24 degrees, offering little comfort to residents battling the damp conditions.

The rains, however, are not expected to last with the same intensity throughout the coming week. From September 7, Mumbai may finally witness a gradual dip in rainfall activity. The IMD has forecast moderate showers on Sunday and Monday, which will bring some relief to commuters. By September 9 and 10, the city is likely to experience light rainfall, and no weather warnings have been issued for these days, hinting at a much-needed break from the heavy monsoon spell.

Meanwhile, across Maharashtra, the weather department predicted varying rainfall intensity. On September 5, the monsoon remains active over the state. Light to moderate rain is expected in several districts, while central Maharashtra may experience heavy to very heavy rainfall in isolated pockets. Northern coastal Maharashtra is also on alert, with winds forecast to blow at speeds of nearly 50 kmph, raising concerns for fishermen and coastal residents.

In the Konkan region, the situation remains mixed. Raigad district has been placed under an orange alert with the possibility of very heavy rains in some parts. Meanwhile, Ratnagiri and Sindhudurg, on the other hand, are under a yellow alert, indicating heavy rain at isolated places but not of the same intensity as Raigad. Temperature-wise, Konkan is recording a maximum of around 29.4 degrees Celsius and a minimum of 25 degrees, reflecting the cloudy and damp weather conditions.

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Crime

Palghar: ₹33 Lakh Jewellery Stolen From Naigaon Bungalow; Thieves Set Fire To Adjacent Shop, Four Arrested Within 8 Hours

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Maharashtra: In a shocking incident in Chandrapada, Naigaon East, thieves looted jewellery worth Rs 33 lakh from a bungalow and then set fire to an adjacent grocery shop. The Naigaon Police acted swiftly and arrested four accused, including a woman, within just eight hours of the incident.

The burglary took place at a bungalow named ‘Bhimai’, owned by Harshad Mhatre (39). Adjacent to the bungalow is a grocery store named Kamini. On Monday, Mhatre had left for Virar to celebrate Ganeshotsav with relatives, leaving the house unoccupied, as reported by Loksatta. Taking advantage of the situation, the accused broke into the bungalow via the terrace on Tuesday night.

The thieves stole jewellery worth Rs 33 lakh from the house and then set fire to the neighbouring grocery shop. The incident came to light when the fire broke out, prompting a response from the municipal fire brigade, which managed to bring the blaze under control.

Following the incident, a case was registered at Naigaon Police Station under Sections 305, 331(4), and 326(G) of the Indian Penal Code.

Police launched an immediate investigation, and within eight hours, arrested four accused: Ajay Yadav (20), Sonu Faizan Khan (20), Deepak Kharat (21), and Fatima Sheikh (25). The arrests were confirmed by Police Inspector (Crime) Abhijit Madke, who stated that further investigation is ongoing, as reported.

In separate news from Palghar, a 25-year-old pregnant woman gave birth to a baby girl in an 108 ambulance in the early hours of Monday, September 1, while being transferred from Saphale Primary Health Centre to Palghar Rural Hospital due to concerns over possible complications during delivery.

The woman, Vidhi Sambre, a resident of the Saphale area, was pregnant with her second child and had been admitted to Saphale Primary Health Centre late on the night of September 1. After assessing the risk of delivery-related complications, the attending medical officer decided to refer her to Palghar Rural Hospital for advanced medical care.

At around 2:50 a.m., an 108 ambulance was called to transport her. However, during the journey, Vidhi went into labour and successfully delivered a baby girl with the assistance of the ambulance medical team.

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