Overview
- The Enforcement Directorate questioned television host Shefali Bagga at its Raipur zonal office over two days as part of its probe into the Mahadev online betting network.
- The agency says it seized Rs 30 lakh from Bagga’s Delhi home during a May 30 search and recovered digital material linking her verified social accounts to a Telegram channel used for betting tips and promotions.
- The ED has arrested business figures in the case, including Ebix chairman Vikas Garg, and provisionally attached assets linked to accused persons valued at about Rs 940.77 crore.
- Investigators describe Mahadev as an international franchise‑style betting syndicate run from overseas that generated roughly Rs 6,000 crore and used hawala, thousands of mule accounts, cryptocurrency and shell entities to launder proceeds.
- Authorities are pursuing provisional arrests and extradition processes for absconding promoters overseas and are correlating seized bank records, device data and witness statements as the probe continues and remains under investigation.