Tri-Cities India > Blog > Nation Blogs > ED links Rs 1,000 crore sheep scam to illegal betting app; 200 dummy accounts, 31 phones seized
ED links Rs 1,000 crore sheep scam to illegal betting app; 200 dummy accounts, 31 phones seized
Enforcement Directorate investigations reveal a connection between the Telangana sheep scam and an illegal online betting application. Searches in Hyderabad uncovered numerous dummy bank accounts and digital devices. The probe into the Sheep Rearing Development Scheme indicates substantial funds were diverted. Government officials and others are suspected of receiving kickbacks. The scam’s estimated loss could exceed Rs 1000 crores.
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