Last Updated on 26/08/2024 by Ankita
The Chhattisgarh government has officially handed over the investigation of the 6000 crore Mahadev betting app scam to the CBI. The ED started investigating the whole case in January last year, after which the responsibility was handed over to the ACB and the Economic Offenses Wing (EOW).
Before the announcement of the Lok Sabha elections this year, Bhupesh Baghel was made an accused in the chargesheet filed by the ACB on March 4. The police had registered an FIR against Bhupesh Baghel under various sections related to cheating, criminal conspiracy, breach of trust and forgery and sections 7 and 11 of the Prevention of Corruption Act.
The Mahadev online betting app case hit the headlines after the ED claimed to have recorded the email statement of a ‘cash courier’, revealing that Chhattisgarh Chief Minister Bhupesh Baghel had allegedly received Rs 508 crore from the app promoters based in the UAE.
Also read: Three cyber criminals associated with Mahadev app arrested, these things including 12 mobiles recovered
What is Mahadev Betting App Scam?
Mahadev Betting App was an app made for online betting. Users used to play live games named poker, card games, chance games on it. Illegal betting was also done on sports like cricket, badminton, tennis, football and elections through the app. Through the network of illegal betting, the net of this app spread rapidly and most of the accounts were opened in Chhattisgarh. A complete blueprint was made for fraud through this app.
Branches were sold as franchises
Actually, Mahadev Betting App was run from many branches. Saurabh Chandrakar and Ravi Uppal used to sell each branch as a franchise. The user would only get profit in the beginning and later on would incur loss. Both of them kept 80% of the profit with themselves. The betting app racket works like a machine in which the algorithm decides that only 30% of the customers who invest their money in the app win.
Also read: 2000 SIM cards, 1700 bank accounts, 32 accused and a scam of Rs 15000 crores… What action has been taken so far in the Mahadev betting app case
While selling juice he became a betting king
Till a few years ago, Saurabh Chandrakar used to run a juice shop by the name of ‘Juice Factory’ in Raipur, the capital of Chhattisgarh. The income of a roadside juice seller is limited, but Saurabh Chandrakar wanted to do something big, he wanted to earn big money. First, he started expanding his juice shop, shops by the name of Juice Factory opened in many cities of Chhattisgarh.
Along with selling juice, Saurabh Chandrakar also had the habit of gambling. Earlier he used to gamble offline. But due to Corona, he started gambling online. During the lockdown, he decided to make a betting app and started Mahadev Betting App with a person named Ravi Uppal.
Source (PTI) (NDTV) (HINDUSTANTIMES)