Between FY 2021/22 and FY 2025/26, Winzo allegedly amassed ₹3,522.05 crore in illicit proceeds, which were then laundered through shell firms in the US and Singapore.
India.- The Enforcement Directorate (ED) of India has initiated a case against online real money gaming platform Winzo Pvt. Ltd for alleged violations under the Prevention of Money Laundering Act (PMLA), 2002. Filed on January 23 before the Special Court for PMLA cases (CCH-1) in Bengaluru, the case names Winzo as the main accused along with directors Paavan Nanda and Saumya Singh Rathore and subsidiaries including Winzo US Inc. (USA), Winzo SG Pte. Ltd. (Singapore) and ZO Pvt. Ltd.
The ED’s probe began after several FIRs were registered by the Bengaluru CEN Police and police departments in Rajasthan, New Delhi and Gurugram, citing cheating under the Indian Penal Code. The directorate said Winzo ran a real money gaming platform featuring more than 100 games.
It says that until December 2023 Winzo ran games with AI- and algorithm-powered bots. Subsequently, between May 2024 and August 2025, the company allegedly simulated the historical play of inactive users against real players without informing them, masking the activity with terms such as “Engagement Play”, “Past Performance of Player” and “Persona”.
Investigators determined that users were lured with easy wins and bonus incentives to build confidence, after which more aggressive bots were introduced at higher stakes. The ED reported that ₹47.66 crore in genuine winnings were allegedly withheld by the company during this period.
It also claims illicit proceeds were laundered through shell firms in the US and Singapore, including about US$55m disguised as overseas direct investment.
The ED carried out search and seizure operations on November 18, 2025, and December 30, 2025 at Winzo’s corporate offices, directors’ homes and an accounting firm’s premises.
Between FY 2021/22 and FY 2025/26, Winzo allegedly amassed ₹3,522.05 crore in illicit proceeds, which were then laundered through shell firms in the US and Singapore. India.- The Enforcement Directorate…
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