ED Raids RMG Companies For Unethical Dealings; Freezes Accounts With ₹523+ Crore

ED Raids RMG Companies: In October 2025, the central government of India put a blanket ban on real money gaming across India. This action was taken due to the increasing fraud, money laundering, and suicide cases happening across the nation because of financial issues.

Recently, the ED has raided 3 companies for running real money gaming online despite the blanket ban. The raid has more to it than just discovering the unethical running of the business against country rules.

ED raid companies that are still running real money games!

Following raids on WinZO Games Pvt. Ltd, the Directorate of Enforcement (ED) has raided three companies in different locations across the country. These companies were located in Delhi, Bengaluru, and Gurugram and were raided for still running real money-based games online.

These games have been completely banned under the Promotion and Regulation of Online Gaming Act, 2025. Apart from this, the ED has also frozen their bank balances, bonds, fixed deposits, and mutual funds, worth ₹523 crore. All this happened under the Prevention of Money Laundering Act (PMLA), 2002.

This raid was conducted because WinZO continued operating real-money games in foreign markets.  Using the same platform as India, the company has been operating real-money games in the U.S., Brazil, and Germany.

Besides, the company has multiple other accusations under its name related to the same issue. These accusations include:

• WinZo has reportedly held ₹43 crore belonging to players without refunding.
• The company had allowed customers to unknowingly play against computer algorithms rather than real players. This caused them never to win a single penny but only to lose all the money the customer had staked.
• WinZo has also restricted its customers from withdrawing the prize money.

All these activities are being monitored as exploiting users with malpractices and causing damage to their mental health.

Since the probe started, the ED has found WinZo’s diversion of Indian funds to overseas entities. These entities include a shell company in the US that is controlled from India. According to the ED officials, around ₹489.90 crore was traced to a U.S. bank account operated under the name WinZO U.S. Inc.

ED Raids RMG Companies: Details of real money gaming companies involved

Talking about the other raids that have taken place in the past few days involving real money games online, Gameskraft Technologies Pvt. Ltd and Pocket52, an online gaming platform operated by the NNPL, are also on the same page as WinZo.

Suspected to be the product of crime, the ED froze eight escrow bank accounts holding approximately ₹18.57 crore in the raid that took place on premises linked to Nirdesa Networks Pvt. Ltd. (NNPL). All this happened due to multiple complaints from users. The complaints were regarding the malpractices of these platforms. They used to fraud them in the name of earning more money by investing some in online gaming.

After Karnataka Police filed a complaint to the ED regarding a large-scale fraud by Pocket52, the officials had to begin its probe into the matter. Pocket52, an online gaming platform operated by the NNPL, was under scrutiny for manipulating game outcomes.

According to the report, the platform has also cheated its users with player collusion, technical glitches, restricting withdrawals, and suppressing transparency features like hand history. The very systematic cheating and irresponsible gaming practices made a user lose ₹3 crore to the platform. And this loss became the reason for complaining about the company to the police, bringing the matter into the highlight.

More on the ED raids RMG companies story!

The reports have stated that these companies have illegally retained over ₹30 crore in escrow accounts without refunding players money. According to the sources, during the investigation regarding the Prevention of Money Laundering Act, 2002, the ED found multiple users complaining about similar situations. All of such complaints stated how companies are cheating them with the same method of fraud and manipulation.

During these raids, the ED officials have reportedly seized mobile phones, laptops, and other electronic devices from the directors and founders of these companies. They have also seized ample data backups from the GTPL supporting the existence of their crime.

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