The officials said that the ED’s investigation identified Krish Laxmichand Shah as the mastermind behind Fairplay, as he is allegedly said to have operated the betting app primarily from Dubai, with support from associates Chirag Shah and Chintan Shah, who handle technological and software aspects.“Shah has reportedly registered multiple companies, including Play Ventures NV and Dutch Antilles Management NV in Curacao, Fairplay Sport LLC and Fairplay Management DMCC in Dubai, and Play Ventures Holding Limited in Malta, to facilitate Fairplay’s operations. Investigators found that Shah and his associates used proceeds from illegal activities to acquire various assets, often registered under their names or those of relatives,” a senior ED official said.The ED had previously conducted several rounds of searches at multiple locations in the case on June 12, August 27, September 27, and October 25, 2024.“These searches led to the seizure and freezing of various movable assets and digital evidence. With the latest provisional attachment order, the total assets attached and seized in the case amount to Rs 335.78 crore,” the official said.
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