Winzo games directors arrested and sent to police custody for money laundering
Directors of Winzo Games Pvt Ltd, Saumya Singh Rathore and Paavan Nanda, have been arrested by the Enforcement Directorate in Bengaluru on money laundering charges. The duo allegedly used algorithms to defraud players, generating approximately Rs 177 crores in illicit proceeds between May and August this year. These funds were then transferred to overseas subsidiary companies.
Directors of Winzo Games Pvt Ltd, Saumya Singh Rathore and Paavan Nanda, have been arrested by the Enforcement Directorate in Bengaluru on money laundering charges. The duo allegedly used algorithms to defraud players, generating approximately Rs 177 crores in illicit proceeds between May and August this year. These funds were then transferred to overseas subsidiary companies.
