The Hindu·3 min read·hard
ED arrests Ebix group chairman Vikas Garg in illegal betting case
S
Shubhomoy Sikdar
✦AI Summary
The Enforcement Directorate has arrested Ebix group chairman Vikas Garg in connection with a money laundering investigation linked to the Mahadev online betting app. Authorities allege that Garg used illegal betting proceeds to acquire stakes in various companies.
The Directorate of Enforcement (ED) on Tuesday (July 14, 2026) stated that it has arrested Vikas Garg, chairman of Ebix group, in a multi-crore-rupee money laundering case linked to the Mahadev online betting app.
businesspolitics
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