The Enforcement Directorate (ED) has launched a probe against Vikas Garg, a BJP leader and convenor of the party's economic cell in Delhi, for his alleged involvement in a money laundering case tied to the Mahadev Online Book/Skyexchange illegal betting app.Garg's firms were raided in 2024, and the ED has attached assets worth Rs 940.7 crore under the Prevention of Money Laundering Act.

The case involves allegations that the app's promoters, including Chhattisgarh-based businessmen Sourabh Chandrakar and Ravi Uppal, used the platform to run an illegal betting syndicate, laundering revenue through benami accounts, cryptocurrency, and hawala networks.The ED claims the money was used to manipulate the Indian stock market, with some funds allegedly funneled into firms linked to Garg.The investigation also extends to foreign investors, Bollywood celebrities, and Dubai-based entities like Skyexchange.Garg's legal team has denied the allegations, and he has filed appeals against the ED's actions.The case highlights the intersection of political power, financial crimes, and cross-border money laundering networks.