Hyderabad fintech founder held by DGGI, Rs 13k cr online gaming racket busted
Hyderabad authorities have busted a massive Rs 13,000 crore illegal online gaming network. Fintech entrepreneur Pankaj Kumar was arrested for allegedly facilitating fraudulent KYC verifications for shell firms, enabling illicit fund movements. The crackdown targets online gaming platforms and financial intermediaries, with over Rs 100 crore frozen and multiple arrests made.
