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ED freezes Rs 526 crore bank deposits in Gameskraft PMLA crackdown against founders using illegal bots
Economy
Published on 14 May 2026
ED says users played against bots without consent
The Enforcement Directorate has frozen Rs 526 crore in bank deposits and seized gold jewellery and cash in a PMLA probe targeting Bengaluru-based online gaming firm Gameskraft and three arrested founders. Searches began on May 7 across Delhi-NCR and Karnataka, ending May 13. ED says movable deposits and investments were immobilised while jewellery and cash were confiscated. It alleges the company used illegal bots to manipulate real-money rummy, causing user losses of Rs 1,154 crore and severe distress. Gameskraft denies bot involvement and faces money-laundering accusations.
- ED froze Rs 526.49 crore across bank and payment gateway deposits
- Gold and diamond jewellery seized total Rs 3.5 crore, plus Rs 11 lakh cash
- Searches ran from May 7 to May 13 across Delhi-NCR and Bengaluru
- Three founders arrested: Deepak Singh, Prithvi Raj Singh, Vikas Taneja
- ED claims users lost Rs 1,154 crore due to alleged bot play without consent
- Gameskraft charged commissions of 10% to 15% on wagering stakes
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times