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 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

authorSaloni KumaridateMay 9, 2026
Last update on May 9, 2026
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.
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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.
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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.

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Saloni Kumari

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Saloni is a Content Writer with 2+ years of experience at studycafe.in. She writes legal, taxation, and finance related content including GST, Income Tax etc. Skilled in translating complex judicial pronouncements and regulatory developments into clear, and reader-friendly articles. Experienced in covering judgements of ITAT, High Court, GSTAT, and news related to Income Tax, GST, and corporate law. She can be reached at [email protected].
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