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The Economic Times

Top News / The Economic Times

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ED arrests Ebix chairman in Mahadev betting app case

Vikas Garg, Ebix group chairman, was arrested by the Enforcement Directorate in Delhi. He was taken to Raipur after the agency obtained a transit remand from a local court. The arrest follows the attachment of assets worth over 940 crore belonging to Garg. These funds were allegedly generated from illegal betting operations and laundered through shell companies.

15 Jul 2026 12:01 am