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ED Searches At Probo Premises, Attaches Assets Worth INR 284 Cr

  • The Enforcement Directorate (ED) conducted search operations at four premises linked to the opinion trading platform Probo in connection with alleged illegal gambling/betting activities across India.
  • During the searches, incriminating documents and digital data were seized, and assets totaling INR 284.5 Cr were frozen.
  • Probo had reportedly received funds from foreign entities, and the ED alleged that the platform promoted deceptive betting mechanisms to exploit users.
  • The platform lacked KYC verification, induced users through misleading ads, and did not have safeguards to prevent minors from registering. The probe was initiated following FIRs in Haryana and Uttar Pradesh.

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