Inside Mahadev Book ID: The Billion-Dollar Betting Racket
The Mahadev Online Book, commonly referred to as the Mahadev Betting App, has emerged as a significant player in the realm of illegal online betting in India. This platform has been at the center of a sprawling billion-dollar betting racket, drawing attention from law enforcement agencies, political figures, and the public alike.
Origins and Operations
Founded by Saurabh Chandrakar and Ravi Uppal, both hailing from Bhilai in Chhattisgarh, the Mahadev Online Book provided a platform for illegal betting on a variety of games. These included poker, card games, cricket, badminton, tennis, and football. The app operated by franchising “panels” or “branches” to known associates on a 70-30 profit-sharing basis. This model allowed local operators to enroll new users, create IDs, and manage bets, while the central operations were based in the UAE. The platform reportedly generated an astounding ₹200 crore daily, highlighting the extensive reach and popularity of the app.
Money Laundering Mechanisms
The Enforcement Directorate (ED) uncovered a complex web of money laundering associated with the Mahadev Book ID. The platform utilized a vast network of benami (proxy) bank accounts to launder money. Funds were funneled through these accounts, making it challenging for authorities to trace the origins and destinations of the money. Additionally, the app’s promoters exploited the Unified Payments Interface (UPI) system by using UPI IDs of unsuspecting individuals from low-income backgrounds. These individuals were offered small sums in exchange for their UPI credentials, which were then used to facilitate large transactions, further complicating the money trail.
Lavish Expenditures and International Connections
The extravagant lifestyle of the app’s promoters came under scrutiny when Saurabh Chandrakar’s lavish wedding in the UAE garnered attention. The event, held in February 2023, reportedly cost around ₹200 crore. Funds for the wedding were allegedly routed through hawala channels, with event management companies receiving ₹112 crore through such transactions and an additional ₹42 crore in cash for hotel bookings. The guest list included several Bollywood celebrities, bringing the nexus between the entertainment industry and the betting syndicate into focus.
Legal Actions and Arrests
The ED’s investigation led to multiple arrests and chargesheets. In October 2023, the agency filed its first chargesheet against 14 individuals, including Chandrakar and Uppal. Assets worth ₹41 crore, identified as proceeds of crime, were provisionally attached. Ravi Uppal was detained by Dubai police following a red corner notice issued by Interpol at the ED’s request. In India, raids were conducted across various cities, leading to the attachment of assets worth ₹417 crore. Notably, actor Sahil Khan was arrested for his alleged involvement in the scam, highlighting the syndicate’s extensive reach.
Political Allegations
The scandal took a political turn when allegations surfaced against Chhattisgarh Chief Minister Bhupesh Baghel. A cash courier associated with the app’s promoters claimed that ₹508 crore was paid to Baghel as kickbacks. These allegations emerged ahead of the state Assembly polls, leading to a political uproar. Baghel denied the accusations, labeling them as attempts to tarnish his image.
International Scope and Further Investigations
The Mahadev Betting App’s operations were not confined to India. Investigations revealed connections to other countries, including Pakistan, Nepal, and the UAE. The app’s promoters allegedly collaborated with international figures to develop similar betting platforms in neighboring countries. For instance, they reportedly joined forces with Mushtaqeem Ibrahim Kaskar, brother of gangster Dawood Ibrahim, to develop a betting app for Pakistan called ‘Kheloyar’.
Government Crackdown and Current Status
In response to the burgeoning scandal, the Indian government took decisive action by blocking 22 illegal betting apps, including the Mahadev Book App. This move aimed to curb the proliferation of illegal online betting platforms and their associated money laundering activities. The crackdown was part of a broader strategy to regulate the digital betting landscape and prevent the exploitation of vulnerable populations.
Conclusion
The Mahadev Betting App case serves as a stark reminder of the challenges posed by illegal online betting platforms. The syndicate’s extensive operations, sophisticated money laundering mechanisms, and connections to international networks underscore the need for robust regulatory frameworks and vigilant enforcement. As digital platforms continue to evolve, authorities must adapt to emerging threats to safeguard financial systems and protect individuals from falling prey to such illicit schemes.