ED attaches ₹442.35 crore in assets from Gameskraft Technologies

This is a press release issued by the Directorate of Enforcement (ED), Bengaluru Zonal Office, announcing the provisional attachment of assets worth approximately ₹442.35 Crore under the Prevention of Money Laundering Act (PMLA), 2002, in an investigation into M/s. Gameskraft Technologies Pvt. Ltd. and associated entities. It matters to citizens as it details findings regarding alleged fraudulent practices in online real-money gaming platforms, including the use of automated bots and deceptive user retention strategies.

Who it concerns: The document concerns M/s. Gameskraft Technologies Pvt. Ltd., M/s. RummyTime Technologies Pvt. Ltd., their shareholders, directors, key employees, family members, private family trusts, and associated entities. It also affects users of the online gaming platforms RummyCulture, RummyPrime, Playship, and RummyTime, particularly those in Telangana, Andhra Pradesh, and Tamil Nadu.

What the ED says it did

• ED provisionally attached movable and immovable properties worth approximately ₹442.35 Crore under Section 5(1) of PMLA, 2002, via Provisional Attachment Order (PAO) No. 40/2026 dated 25/09/2026.
• Attached assets include fixed deposit balances, commercial shops, a villa, and residential properties held by shareholders' family members, trusts, and associated entities.
• Investigation was initiated based on FIRs registered in Telangana for cheating under the Bharatiya Nyaya Sanhita, 2023.
• ED found that the companies operated online rummy games with a user base of around 3 Crore users, including in states where such games are banned.
• Companies derived revenue by charging 10% to 15% platform commissions on user stakes.
• ED found that companies deployed automated programs (BOTs) against users without their knowledge or consent, causing financial losses to users.
• Companies spent approximately ₹1,035 Crore on marketing to acquire users and used strategies like bonuses and restrictive withdrawal mechanisms (5% to 10% levy) to retain them.
• Proceeds of crime were layered through dividends, share buy-backs, and investments in mutual funds, bonds, and high-value properties.
• Total value of proceeds of crime attached, frozen, and seized so far stands at approximately ₹2,843 Crore.

Also in the document

• Search and seizure operations were conducted between 07/05/2026 and 14/05/2026, and again on 20/06/2026 to 21/06/2026.
• During earlier searches, movable assets valued at approximately ₹495 Crore were frozen, and cash of ₹11 Lakh along with gold/diamond jewellery (including 2.30 KGs of bullion) were seized.
• A previous provisional attachment order attached properties to the tune of approximately ₹1,906 Crore.
• The investigation is ongoing.