ED Arrests Three Gameskraft Founders in Rs 18.57 Crore Money Laundering Fraud Case

The Enforcement Directorate arrested three Gameskraft founders in connection with an alleged Rs 18.57 crore money laundering and online gaming fraud case under the PMLA.

ED Cracks Down on Gameskraft

Saloni Kumari | May 9, 2026 |

ED Arrests Three Gameskraft Founders in Rs 18.57 Crore Money Laundering Fraud Case

ED Arrests Three Gameskraft Founders in Rs 18.57 Crore Money Laundering Fraud Case

The Enforcement Directorate (ED) has apprehended three founders of Gameskraft, an online gaming platform, in connection with an alleged Rs 18.57 Crore money laundering fraud case. This arrest took place on Friday, May 08, 2026.

The three accused have been identified as Deepak Singh, Prithvi Raj Singh and Vikas Taneja. Presently, they are in custody under the provisions of the Prevention of Money Laundering Act (PMLA). Thereafter, a transit remand was obtained to produce them before a Bengaluru Jurisdiction court.

Among them, Deepak Singh and Prithvi Raj Singh pertain to the Delhi-NCR region. While Vikas Taneja belongs to Bengaluru. The arrest followed a money laundering case filed by the central agency against Gameskraft Technologies Limited and other linked entities. There are several FIRs registered against the company. According to the agency, several individuals have committed suicide after being duped by the company.

On April 7, 2026, Thursday, the Enforcement Directorate (ED) had also conducted a search operation in the present fraud case at 17 distinct locations in Delhi-NCR and Karnataka. During the search, officials found some documents; they were all immediately confiscated.

In November last year, the agency blocked eight bank accounts linked to Gameskraft as part of its investigation. These accounts, used to manage customer payouts, had deposits worth Rs 18.57 crore.

StudyCafe Membership

Join StudyCafe Membership. For More details about Membership Click Join Membership Button
Join Membership

In case of any Doubt regarding Membership you can mail us at [email protected]

Join Studycafe's WhatsApp Group or Telegram Channel for Latest Updates on Government Job, Sarkari Naukri, Private Jobs, Income Tax, GST, Companies Act, Judgements and CA, CS, ICWA, and MUCH MORE!"