ED attaches assets worth ₹442 crore in RummyCulture money laundering case

The Directorate of Enforcement (ED), Bengaluru Zonal Office has provisionally attached movable and immovable properties worth around ₹442.35 crore under the Prevention of Money Laundering Act (PMLA) in the RummyCulture app case involving Gameskraft Technologies Pvt. Ltd. and associated entities.

The attachment was made through a Provisional Attachment Order dated September 25, issued under Section 5(1) of the PMLA.

According to the ED, the attached assets include fixed deposits, commercial shops, a villa and several residential properties held in the names of family members, private family trusts and associated entities of shareholders of Gameskraft Technologies.

The ED initiated the money laundering investigation based on multiple FIRs registered by law enforcement agencies in Telangana in connection with alleged cheating offences under the Bharatiya Nyaya Sanhita, 2023, which are scheduled offences under the PMLA.