The Enforcement Directorate has arrested online money gaming platform WinZO founders \u2014 Saumya Singh Rathore and Paavan Nanda \u2014 on money laundering charges, officials said Thursday. They were arrested in Bengaluru on Wednesday following their questioning at the zonal office of the federal probe agency, they said. <\/p>\n
The two were produced before a local court in Bengaluru the same night, and were sent to one-day custody by the court. They are expected to be produced again before the court for a detailed order, as per officials. The ED, in a statement, said that funds to the tune of Rs 43 crore of gamers were \u201cheld\u201d by the company and that these monies should ideally have been refunded to players after India banned real-money gaming.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Enforcement Directorate has arrested online money gaming platform WinZO founders \u2014 Saumya Singh Rathore and Paavan Nanda \u2014 on money laundering charges, officials said Thursday. They were arrested in Bengaluru on Wednesday following their questioning at the zonal office of the federal probe agency, they said. The two were produced before a local court in Bengaluru the same night, and were sent to one-day custody by the court. They are expected to be produced again before the court for a detailed order, as per officials. The ED, in a statement, said that funds to the tune of Rs 43 […]<\/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":[79,4,18],"tags":[],"class_list":["post-977254","post","type-post","status-publish","format-standard","hentry","category-it-2-the-pioneer","category-newspapers","category-the-pioneer"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/977254","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=977254"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/977254\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=977254"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=977254"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=977254"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}