Shocking games: ED arrests WinZO founders in PMLA case
The Enforcement Directorate has arrested WinZO Games founders Saumya Singh Rathore and Paavan Nanda under PMLA. The agency froze 505 crore in proceeds of crime after searches, alleging WinZO used a concealed algorithm ('PPP') to generate automated gameplay, leading to illicit gains of 177 crore and user losses. The company also allegedly restricted fund withdrawals.