ED Serves Notices For Euro Cup Betting, Games, Misuse Of Cards
New Delhi, July 3 (TNA) The Enforcement Directorate (ED) has shot hundreds of notices in the past one month to individuals for using international credit and debit cards to bet on Euro Cup matches, remitting funds for real money games (RMG) to offshore platforms, and not surrendering pre-loaded forex cards which are often preferred during foreign tours.
According to sources aware of the ED action, the number of notices may have touched 1,000 in the past two months. “Most of the individuals who have come under attention are from Mumbai, Delhi, Pune, and Bengaluru,” said an ED official.
“Many have used international cards to place football bets with sites, which though legitimate services in those countries, may be considered a violation under FEMA.