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Ravi Uppal
Ravi Uppal’s arrest in Dubai highlights his role in the ₹15,000 crore Mahadev betting scam, linking him to fraud, match-fixing, and stock manipulation.
Quick summary on Ravi Uppal
Ravi Uppal, alongside Saurabh Chandrakar, is accused of running the Mahadev betting app, facilitating illegal gambling across multiple sports and casino-style games. The Enforcement Directorate (ED) has linked the operation to a ₹15,000 crore fraud involving match-fixing, hawala transactions, and cryptocurrency laundering.
Political and Bollywood Connections: The app’s promoters allegedly funneled ₹508 crore to Chhattisgarh Chief Minister Bhupesh Baghel, sparking political controversy. Bollywood celebrities were also summoned for their involvement in promoting the platform and attending lavish events funded by the syndicate.
Match-Fixing and Stock Market Manipulation: Investigations reveal that the Mahadev betting syndicate manipulated cricket matches and illegally invested gambling profits into the stock market, resulting in major disruptions. Authorities froze ₹1,100 crore worth of shares linked to the scam.
Arrest in Dubai and Ongoing Investigation: Ravi Uppal was detained in Dubai following an Interpol red notice. Indian authorities are pushing for his extradition as they continue unraveling the app’s extensive illegal operations. Despite his arrest, he denies direct involvement, shifting blame onto another Dubai-based associate.
Conclusion: Ravi Uppal’s role in the Mahadev betting scandal has exposed a deep web of financial fraud, political payoffs, and sports corruption. As legal proceedings unfold, the case underscores the urgent need for stricter regulations on online gambling and financial transparency.
Intel Reports
by: Brooke Adams
The amount of money laundered through cryptocurrency and hawala transactions is staggering. How did this scheme stay under the radar for so long??
by: William Young
Ravi Uppal and Saurabh Chandrakar are clearly using the Mahadev betting app as a front for illegal activities, including match-fixing and money laundering
Pros
Cons
by: Christopher Davis
Bollywood celebrities promoting illegal gambling? It's appalling that they were so eager to profit off this corrupt venture.
by: Sophie Martinez
₹508 crore funneled to a chief minister? This shows how political payoffs are a big part of the scam, and it makes you question the integrity of our leaders.