The Directorate of Enforcement (ED) on Wednesday conducted searches at 12 locations across Maharashtra, Rajasthan, Delhi-NCR and Gujarat under the Prevention of Money Laundering Act (PMLA) as part of its ongoing investigation into the Cyprus-based illegal online betting platform Parimatch.The searches were carried out at five locations in Maharashtra, two in Rajasthan, one in Gujarat and four locations across Delhi-NCR in connection with the case involving Parimatch and others.

According to the investigation agency, the premises searched included those linked to payment companies allegedly involved in converting betting proceeds into cash through Cash Management System (CMS) agents.