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Enforcement Directorate Crackdown on E-Nugget Online Gaming Fraud

In Kolkata, the Enforcement Directorate (ED) recently conducted a crackdown on a suspected online gaming fraud named “E-Nugget.” The application, masquerading as a gaming platform, lured users in with the promise of substantial investment gains. However, the ED alleges that the app suddenly ceased operations, leaving users unable to retrieve their funds.

Investigation and Seizure of Funds

The Enforcement Directorate initiated its investigation in 2022 after uncovering evidence suggesting that some of the funds acquired through E-Nugget were invested in digital assets. Around 2,500 bank accounts linked to the operation were identified, and searches resulted in the seizure of approximately Rs 19 crore.

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Accusations and Arrest of Prime Suspect

Allegations indicate that the E-Nugget app, under the guise of a gaming platform, promised users significant returns on their investments. The Enforcement Directorate launched its probe after a police report filed by the Kolkata police regarding suspected illegal activities involving Aamir Khan and his associates. They are accused of misleading E-Nugget app users with lucrative returns before abruptly terminating the scheme. During the operation, the ED confiscated ₹2.43 crore from 66 bank accounts under the PMLA.

With the arrest of central figure Aamir Khan, who is currently in custody, the ED worked closely with cryptocurrency exchanges such as Binance, ZebPay, and WazirX. This collaboration led to the freezing of approximately ₹90 crore in funds associated with the fraudulent operation.

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Fallout and Impact on Investors

Described as offering a range of captivating games for real-money betting and pledging users substantial commissions, the app created an illusion of a lucrative investment opportunity. However, this illusion shattered once investments were made, with the app vanishing and investors stranded without a means to retrieve their funds,” the release stated.

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