Read Daily Current Affairs Article of 30 July 2025
Operation Mahadev: CBI’s Crackdown on ₹6,000 Crore Online Betting Racket Key Highlights (30 July 2025 Update) 1. What is Operation Mahadev? A pan-India CBI operation targeting an illegal online betting syndicate linked to Mahadev Book App . Launched in 2023 , it gained momentum in 2024–25 with raids in Chhattisgarh, Delhi, Mumbai, Dubai, and UAE . Estimated Scam Size: ₹6,000+ crore (one of India’s biggest online betting rackets). 2. Recent Developments (July 2025) CBI arrests 4 accused , including a Dubai-based promoter and a Chhattisgarh politician . ED attaches ₹150 crore in assets (luxury cars, properties, crypto holdings). Interpol Red Notice issued against mastermind Sourabh Chandrakar (based in UAE). 3. Modus Operandi Operated via Mahadev Book App and other betting platforms . Hawala links: Money routed via shell companies, cryptocurrency, and Dubai banks . Politician-Bookie Nexus...