Cybercrime Police Reopen ₹443-Crore Chinese Betting App Money Laundering Case in Hyderabad

Nearly four years after the Central Crime Station (CCS) registered a case linked to illegal Chinese betting apps, the Hyderabad cybercrime police have taken over the investigation and re-registered the case. Authorities are now probing a large-scale money laundering racket involving ₹443 crore allegedly routed to companies based in Hong Kong.

The case originated from a complaint filed by BS Saravana Kumaran, Deputy Director of the Enforcement Directorate (ED), on September 9, 2021. The ED had raised concerns about suspicious financial transactions linked to Chinese-owned betting apps that were operating illegally in India.

According to the ED, the illegal funds were collected through online gambling platforms and moved through several shell companies in Delhi and Mumbai. These included firms such as Great Trans International, Asia Pacific Cargo Company, Radiant Spark Technology, Achiever Biz International, Connecting Worldwide, and Genex Shipping Private Ltd. These companies reportedly used fake addresses and claimed the transactions were for cloud services and freight forwarding.

The ED found that two companies based in Gurgaon—Linkyun Technology Pvt Ltd and Dokypay Technology Pvt Ltd—transferred over ₹85.95 crore to the six Indian firms. The funds were then allegedly sent to Hong Kong under false pretenses. Both Linkyun and Dokypay were said to be involved in online betting, and their Chinese directors are currently absconding.

The original case dates back to July 2020, when a Hyderabad resident filed a complaint after losing ₹97,000 in a colour prediction game on a Chinese betting app. The cybercrime police later filed a chargesheet in 2021 against 14 individuals, including Chinese national Yan Hao. However, the CCS had not made any arrests in the case so far.

A senior cybercrime official confirmed, “No arrests were made by CCS. They issued notices and recorded statements from some accused. We will now review the evidence and take further action.”

On May 3, the cybercrime police officially re-registered the case under sections 420 (cheating), 465 (forgery), 468 (forgery for the purpose of cheating), 471 (using forged document as genuine), and 34 (common intention) of the Indian Penal Code.

With the case now back with the cybercrime unit, authorities are expected to take a fresh look at financial records, digital evidence, and money trails in the ongoing investigation.