In a major breakthrough against financial and cybercrime, the special cell of the Ludhiana Police arrested two brothers for allegedly operating an illegal online cricket betting network and setting up bogus firms to evade GST.
The accused, Anmol Narang and Sarthi Narang, residents of Ramnagar in the Civil Lines area, were nabbed on Friday after police received a tip-off. According to Inspector Navdeep Singh, who is leading the investigation, the duo ran a betting racket that targeted ongoing cricket matches and used forged documents to register multiple fake companies with the aim of dodging GST liabilities.
Digital Devices Seized
During the raid, police recovered 12 mobile phones and 2 laptops, which are suspected to have been used to run both the betting platform and the fraudulent firm registrations. Investigators believe the seized devices hold key information about the scale and financial trail of the operations.
Previous Hawala Case Links
Inspector Singh also revealed that this is not the first brush with the law for the Narang brothers. They had earlier been arrested in a hawala transaction case, indicating a potential pattern of involvement in white-collar crime and financial fraud.
"The digital and financial records are currently being analyzed, and we anticipate more arrests in connection with this racket," said Singh, hinting at a larger criminal network possibly at play.
Ongoing Investigation
The police are working closely with cyber forensic experts and tax authorities to trace the full extent of the scam, including possible GST evasion, hawala links, and money laundering. Officials emphasized that tax authorities may soon launch a parallel investigation into the bogus firms.
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