Have Search Operations Been Conducted on Gaming Companies in Bengaluru and Gurugram?
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Synopsis
The ED has recently launched extensive search operations on gaming companies in Bengaluru and Gurugram amidst serious allegations of fraud and manipulation. This investigation could reshape the landscape of online gaming in India, affecting countless players and stakeholders involved in these platforms.
Key Takeaways
- ED conducted raids on gaming platforms in Bengaluru and Gurugram.
- Allegations of fraud and manipulation are under investigation.
- Eight bank accounts totaling Rs 18.57 crore have been frozen.
- Incriminating devices like mobile phones and laptops were seized.
- Ongoing investigations aim to ensure accountability in the gaming industry.
Bengaluru, Nov 24 (NationPress) - The Directorate of Enforcement (ED) in Bengaluru has executed search operations in accordance with the PMLA, 2002, at numerous sites in Bengaluru and Gurugram, as stated in an official announcement from the ED on Monday.
An official disclosed that the raids encompassed the office of Nirdesa Networks Pvt. Ltd. (NNPL), Gameskraft Technologies Pvt. Ltd. (GTPL), along with the residential properties of its Directors and other individuals linked to allegations of extensive fraud, manipulated game results, and other serious charges.
The operation resulted in the freezing of eight bank accounts totaling Rs 18.57 crore.
The ED's raids took place from November 18 to November 22.
“In the course of the search operations, significant devices such as mobile phones and laptops were confiscated,” the official stated.
The investigation by the ED was prompted by an FIR filed by the Karnataka Police, which alleged that Pocket52, a gaming platform operated by Nirdesha Networks Pvt Ltd, was involved in extensive fraud, manipulating game outcomes, player collusion, technical issues, withdrawal restrictions, and a lack of transparency.
A complainant reported a loss exceeding Rs 3 crore due to systemic cheating, implicating both Pocket52 and its parent company in the FIR, which is currently under investigation for cheating and regulatory breaches.
Throughout the investigation under the PMLA and during the search proceedings, multiple users raised concerns regarding manipulation and transparency, indicating that the company purposefully exploited users without compensating them for their losses.
Incriminating devices such as mobile phones and laptops were seized from the residences of the company's Directors and Founders, alongside extensive data backups from the premises of Gameskraft Technologies Pvt Limited.
Despite the Union government's ban on Real Money Games, the company retains over Rs 30 crore in its escrow accounts without refunding it to gamers and customers.
Additionally, the eight bank accounts linked to payouts maintained with various banks have a balance of Rs 18.57 crore, with suspicions that proceeds of crime are being concealed by the accused entities, including NNPL, Pocket52, and others. Further investigations are ongoing.
Point of View
We at NationPress recognize the importance of transparency and integrity in the gaming industry. The recent actions taken by the ED highlight the need for accountability, ensuring that players are protected from fraudulent practices. This investigation serves as a crucial step toward maintaining trust in online gaming platforms.
NationPress
24/11/2025
Frequently Asked Questions
What prompted the ED's investigation?
The ED's investigation was initiated based on an FIR filed by the Karnataka Police, alleging large-scale fraud and manipulation by Pocket52, a gaming platform.
What were the results of the raids?
The raids led to the seizure of incriminating devices and the freezing of eight bank accounts totaling Rs 18.57 crore.
What allegations are being made against the gaming companies?
The allegations include fraud, manipulating game outcomes, player collusion, and lack of transparency.
How much money is still held by the company in escrow accounts?
The company is reported to have over Rs 30 crore in escrow accounts that have not been refunded to customers.
Are there any ongoing investigations?
Yes, further investigations are underway to uncover more details regarding the activities of the accused entities.
