Goa: ED raids 6 casinos as part of money laundering probe

The Enforcement Directorate raided six casinos in Goa on Tuesday, according to government sources, as part of a probe into money laundering connected to claims of fraud involving crores of rupees of some depositors.

Since Monday, representatives from federal probing agency have been monitoring about eight locations in the state.

Six of these locations are casinos, and the remaining ones are connected to certain individuals.

The investigation into money laundering involves the purported deposit of "tainted" money amounting to Rs 50 crore in the state, which were obtained through deceiving gullible investors.

It is understood that the ED's Kerala unit, situated in Kochi, is conducting the searches in accordance with the Prevention of Money Laundering Act (PMLA).

(With agency inputs)