Vikas Garg, Ebix Group chairman, was remanded to ED custody for ten days. This action stems from a multi-crore money laundering case linked to the Mahadev app. The ED has alleged Garg dissipated and encumbered company shares and property. Assets worth over Rs 940 crore belonging to Garg were previously attached by the agency.

Vikas Garg was appointed the convenor of BJP Delhi’s economic cell in 2024. He now faces money laundering charges in a case related to an illegal betting app.

The ED launched its probe in 2022 based on FIRs registered by police in Chhattisgarh, Andhra Pradesh and West Bengal | India News

Vikas Garg, Ebix group chairman, was arrested by the Enforcement Directorate in Delhi. He was taken to Raipur after the agency obtained a transit remand from a local court. The…

The Enforcement Directorate alleges illegal betting funds financed a major acquisition. Vikas Garg's firm Eraaya Lifespaces acquired US software company Ebix using these funds.…