Diamond Exchange’s illegal betting network associated with Dawood Ibrahim?

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Multiple operations related to illegal online betting are widespread across the country. While some operate on small levels, they are indirectly attached to a relatively larger illegal betting network. Recently, a shocking incident of network of illegal betting site Diamond Exchange in India allegedly linked to D-Gang surfaced in Gondia, Maharashtra.

For the unversed, Diamond Exchange is an illegal betting site run by fugitive businessman Rakesh Rajdev. Rajdev alias Rakesh Rajkot or RR is also the kingpin of sites like Wolf777. The police have already issued a lookout notice against his name for cricket betting racket worth Rs 1,400 crore.

Speaking of the Gondia betting case, Diamond Exchange’s bookie named Naved is said to be a member of D-Gang according to Maharashtra Times. Naved is also reported to be running a betting racket for the past five years now. Naved also runs a software company that provides software to online gaming companies.

Another bookie named Sontu and a punter named Bindu came in close contact with Naved. The three then collectively started to run betting racket in the Vidarbha region of Maharashtra. Soon, they started to expand and Sontu spread his network in states like Madhya Pradesh and Chhattisgarh with Mahadev Book app as well.

Betting victims lose crores to Sontu

It is noteworthy to mention that Sontu is the same bookie who duped a Nagpur-based businessman of Rs 58 crore. Several others have also been a victim of Sontu’s tactics, and one even committed suicide after losing money in Diamond Exchange. He is currently on the loose and police have issued a lookout circular against him.

While Sontu and other bookies are hiding away from police, main operative Bindu is operating without any fear. With so much happening at the end of illegal betting activities, police and other agencies have been investigating actively. Further information is expected to be revealed soon.