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ED recently arrested Karnataka Congress MLA KC Virendra in a money laundering case related to alleged illegal online and offline betting. Now ED has made important revelations about the arrested Congress MLA KC Virendra. ED’s investigation has revealed the whole game of converting black money into white money. Investigation has revealed that KC Virendra lives with his second wife in Bengaluru. He has opened many fake (shell) companies so that he can show the black money received in cash as white. Especially his casino is used for this work.
Online betting app was run from Dubai
ED told in the investigation that the way to convert black money into white money is that first credit card payments are shown in the name of people and later that payment is adjusted with the money received from cyber fraud. He mostly buys cars and fulfills other hobbies in the name of benami companies and people. The numbers of his cars are often VIP and fancy. His elder daughter has recently completed her studies from UK. His online betting app King567 is run from Dubai, which is managed by his nephew Prithvi (K.C. Nagaraj’s son). Prithvi’s address is 5/6/7, King Street, Old Town, Challakere. K.C. Nagaraj and Prithvi’s vehicle numbers mostly end with 567.
Casinos were running in many countries
ED’s investigation revealed that he is running casinos in countries like Sri Lanka, Nepal and Georgia, but in someone else’s name. The profit that comes from these is not shown on the records, but profit-sharing files have been found from some places. Earlier all this was also openly written on his website Puppysworld, but now it has been removed. Apart from this, he was also trying to buy casinos on land from Lottery King Martin.
