Enforcement Directorate seizes assets worth ₹442 crore in RummyCulture money-laundering probe

The Enforcement Directorate issued a provisional attachment of assets worth approximately ₹442.35 crore, including bank deposits, commercial premises, a villa and residential properties held by relatives, trusts and firms associated with Gameskraft Technologies shareholders. This action brings the cumulative value of assets seized, frozen or attached in the probe to about ₹2,843 crore. The investigation was launched after several FIRs in Telangana accused the operators of cheating, a scheduled offence under the Prevention of Money Laundering Act.

Authorities allege that Gameskraft Technologies and RummyTime Technologies ran real-money rummy platforms such as RummyCulture, RummyPrime, Playship and RummyTime, reaching around 30 million users, many in states where such gaming is prohibited. The ED claims the companies used bots to manipulate games, imposed withdrawal levies, and employed aggressive marketing that cost roughly ₹1,035 crore, funneling the proceeds into dividends, share buybacks and high-value assets to disguise illicit earnings.