The Mahadev Betting App scandal revealed a massive fraud involving over ₹40,000 crore. The app enabled betting on games like poker, tennis, and cricket, operating through a complex network of shell companies and fake bank accounts.
The key accused are Saurabh Chandrakar and Ravi Uppal, both based in Dubai. The app used a franchise system to open branches and earned up to ₹200 crore daily. Investigations uncovered lavish expenditures, including luxury events, suggesting money laundering through hawala networks.
This case has exposed international links, including connections to Pakistan-based operations. It underscores the scale and threat of illegal gambling in South Asia.
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