ED arrests WinZO founders Saumya Singh Rathore, Paavan Nanda over money laundering charges

The Enforcement Directorate arrested WinZO’s co founders Saumya Singh Rathore and Paavan Nanda in Bengaluru on Wednesday night under the sections of Prevention of Money Laundering Act (PMLA). The duo was called into the ED’s office for questioning over alleged money laundering late night, and they were both taken into custody after the interrogation. part of its money laundering probe into the online real-money gaming industry. Officials stated to PTI that the arrests were made in Bengaluru on Wednesday after hours of questioning at the agency’s zonal office.