{"id":1040734,"date":"2026-10-05T08:16:27","date_gmt":"2026-10-05T02:46:27","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1040734"},"modified":"2026-10-05T08:28:40","modified_gmt":"2026-10-05T02:58:40","slug":"betting-syndicate-seeks-to-ride-ai-wave-ed-suspects-over-%e2%82%b92000-crore-funnelled-abroad-as-ai-investments","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/10\/05\/betting-syndicate-seeks-to-ride-ai-wave-ed-suspects-over-%e2%82%b92000-crore-funnelled-abroad-as-ai-investments\/","title":{"rendered":"Betting syndicate seeks to ride AI wave, ED suspects over \u20b92,000 crore funnelled abroad as \u2018AI investments\u2019"},"content":{"rendered":"<p>Mumbai: The Enforcement Directorate (ED) suspects illegal betting syndicates may have siphoned off more than \u20b92,000 crore from India by disguising the funds as investments abroad in technology companies including artificial intelligence ventures, said people aware of the matter. <\/p>\n<p>An ED probe into Parimatch, a Cyprus-based betting platform banned in India but allegedly operating through mirror websites, found that more than \u20b9200 crore in suspected proceeds of crime had been sent abroad as purported overseas investments. The federal agency believes some other platforms may also have used similar strategies and is looking into such suspected transactions, they said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: The Enforcement Directorate (ED) suspects illegal betting syndicates may have siphoned off more than \u20b92,000 crore from India by disguising the funds as investments abroad in technology companies including artificial intelligence ventures, said people aware of the matter. An ED probe into Parimatch, a Cyprus-based betting platform banned in India but allegedly operating through mirror websites, found that more than \u20b9200 crore in suspected proceeds of crime had been sent abroad as purported overseas investments. The federal agency believes some other platforms may also have used similar strategies and is looking into such suspected transactions, they said.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1040734","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1040734","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1040734"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1040734\/revisions"}],"predecessor-version":[{"id":1040764,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1040734\/revisions\/1040764"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1040734"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1040734"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1040734"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}