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May 8, 2026 : The Enforcement Directorate (ED) has registered a money laundering case against GamezKraft Technologies Limited and its associated entities over allegations of cheating and fraud linked to online real-money gaming platforms.
The case stems from multiple FIRs lodged against the company and its founders in connection with alleged cheating and fraudulent activities. According to the ED, several complaints are also related to incidents where victims allegedly died by suicide after suffering losses linked to the gaming platforms.
As part of the investigation, the Directorate carried out search operations at 17 locations across Karnataka and the National Capital Region (NCR) on Thursday. The searches targeted premises connected to the GamezKraft group, including those linked to its founders and employees.
During the raids, the agency reportedly seized various incriminating documents and digital evidence relevant to the ongoing probe.
The ED further stated that three founders of the company have been arrested under the provisions of the Prevention of Money Laundering Act (PMLA).
Further investigation into the financial transactions and operations of the gaming platforms is currently underway.