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Financial Crime / Regulatory Enforcement confidence 78/100

ED arrests Ebix Cash chairman Vikas Garg in Mahadev betting app money-laundering probe

Enforcement Directorate picks up Vikas Garg, head of payments firm Ebix Cash (formerly ItzCash), alleging its gateway infrastructure was used to route illicit funds for the Dubai-operated Mahadev betting platform.

bt-corporate · 7/14/2026, 8:33:13 AM · Ask about this →