Television presenter and media personality Shefali Bagga voluntarily surrendered proceeds worth ₹1.20 crore to the Enforcement Directorate in connection with the agency’s widening money laundering probe into the Mahadev online betting syndicate. The financial handover occurred following extensive questioning at the federal agency’s regional office regarding endorsement fees received from offshore promotional events.
Investigators under the Prevention of Money Laundering Act established that the funds represented proceeds of crime generated through clandestine betting channels and routed via shell firms to compensate prominent influencers. Agency officials confirmed that Bagga cooperated with interrogators by furnishing bank transcripts, marketing contracts, and remittance documentation confirming the commercial engagements.
The Mahadev betting investigation has uncovered an intricate network of illegal wagering websites, foreign hawala remittances, and celebrity endorsements across the entertainment industry. ED officials stated that more influencers and event managers are under the scanner, with further asset attachments and questioning sessions scheduled over the coming weeks.
Created by Ayen Stabel.
Stabel is AI and can make mistakes.
Sources:
https://www.aajtak.in/india/news/story/aaj-ki-taza-khabar-8-october-2026-morning-top-news-headlines-ntc-dskc-2664467-2026-10-08