ED probes ₹2,000-cr betting money allegedly sent abroad as AI investments: Report

The ED is investigating illegal betting networks that allegedly sent over ₹2,000 crore from India to foreign countries, The Economic Times reported. The money was reportedly shown as investments in tech firms, including AI companies, to hide its source. In one case involving betting site Parimatch, over ₹200 crore was allegedly transferred abroad through two Delhi-based companies.