Wed Sep 03 16:31:40 UTC 2025: Here’s a summary of the text and a rewritten news article:

**Summary:**

The Directorate of Enforcement (ED) in India has been conducting raids related to Chitradurga Congress MLA K. C. Veerendra and his associates concerning illegal online betting operations. The ED alleges that Veerendra was running multiple online betting sites and using various gateways to route payments, with one gateway alone processing over ₹2,000 crore in a short time. Raids have taken place in multiple cities, resulting in Veerendra’s arrest and the freezing of significant sums of money in bank accounts and mule accounts. The investigation has uncovered connections to Dubai-based entities and the use of hawala transactions to siphon off funds, masking illicit activities as genuine e-commerce businesses.

**News Article:**

**Congress MLA Under ED Scrutiny for Alleged ₹2,000 Crore Betting Scam**

**Bengaluru, September 3, 2025:** The Directorate of Enforcement (ED) has intensified its investigation into Chitradurga Congress MLA K. C. Veerendra, alleging his involvement in a massive illegal online betting operation estimated to have moved over ₹2,000 crore through a single payment gateway.

Following a series of raids spanning multiple cities on August 28th, the ED conducted further raids on Tuesday at premises linked to Veerendra and his associates in Bengaluru and Challakere. Veerendra was previously arrested in Gangtok, Sikkim, and remains in ED custody.

The ED alleges that Veerendra operated several online betting platforms under names such as King567, Raja567, and Lion567. “The scale of the operation is staggering,” stated an ED spokesperson, “A single gateway used by these sites has processed transactions exceeding ₹2,000 crore in a short period.”

The investigation has revealed a complex network involving Dubai-based entities, allegedly operated by Veerendra’s brother, K. C. Thippeswamy, focusing on call center services and the gaming business.

During Tuesday’s raids, the ED seized five high-end vehicles and froze ₹55 crore across various accounts, including ₹40.69 crore in Veerendra’s accounts and ₹14.46 crore in 262 mule accounts linked to the betting operation. Pruthvi N. Raj, Veerendra’s nephew, is alleged to have been involved in managing these mule accounts, which were used to collect funds from players and layer the money through escrow accounts before siphoning it off via hawala transactions.

The ED believes Veerendra and his associates in Dubai used various gateways and fintech service providers to mask their illicit activities as legitimate e-commerce businesses. The investigation is ongoing, and further details are expected to emerge in the coming days.

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