Four people are detained in a ₹400 crore online betting app scam connected to China.

New Delhi: The Enforcement Directorate (ED) announced today that four people have been taken into custody in relation to an alleged ₹ 400 crore "fraud" involving an online betting and gaming software that is connected to some Chinese citizens.
The federal investigative agency said in a statement that Arun Sahu, Alok Sahu, Chetan Prakash, and Joseph Stalin were placed under arrest in connection with the "Fiewin" app case in accordance with the terms of the Prevention of Money Laundering Act (PMLA).

The Cossipore police station in Kolkata received a FIR from some unknown individuals accusing them of "cheating" and "conspiracy" with several online players via the app, which is where the money laundering case originated.

"The Fiewin app scam produced ₹ 400 crore, which was then credited into eight Chinese citizens' Binance wallets—a global cryptocurrency exchange. The access IP logs showed that these wallets were run from the Chinese mainland.

"The Chinese nationals communicated with and instructed the four accused persons through digital communication especially groups on Telegram (social communication app)," said the Enforcement Directorate.

These four individuals were detained, according to the FBI, since they were determined to have participated in money laundering through their "active role" in the Fiewin app-based scam.

The ED said that a special PMLA court in Kolkata sentenced these individuals to 14 days in custody, but it did not specify when they were arrested of ED custody.

According to the ED, an investigation revealed that Chinese people were using the app with Indian people's assistance and cooperation.

According to the ED's investigation, money collected from "gullible" online gamers via the Fiewin app was transferred into the bank accounts of "recharge persons," or those who had consented to the app owners using their accounts in lieu of receiving specified profits.

The organization discovered that Arun and Alok Sahu, who are based in Rourkela, Odisha, served as "recharge persons" and turned the money that came via the app into cryptocurrencies in their bank accounts.