In Surat, a major illegal trading operation known as ‘dabba trading’ has been uncovered. This was taking place under the guise of a construction office named Sunrise Developers in the large Varachha area. The Special Operations Group (SOG) of Surat city revealed that the illegal activities involved significant online gaming and trading. Authorities report that transactions worth approximately ₹943 crore have been identified. Eight individuals have been arrested in connection with this case.
The SOG received information about illegal activities at the Sunrise Developers office located at Lajamni Chowk in Varachha. Following this tip-off, a team from the SOG conducted a raid. They discovered that the office was operating without the necessary licences from the Securities and Exchange Board of India (SEBI). The operation was using software platforms like Castilo 9 and Stock Grow to facilitate dabba trading, alongside various banned websites for online gaming.
The investigation revealed that this office was involved in betting on live sporting events, including cricket, tennis, and football. The arrested individuals were found to have offered customers attractive profit margins, luring them into this illegal scheme while setting up channels for handling black money.
So far, over 250 individuals have engaged in online gaming and trading through this network. Authorities have also discovered transactions amounting to ₹4.62 crore across different bank accounts related to this illegal operation. The main accused, Nandlal alias Nando Vithalbhai Gevaria, has a history of complaints regarding online gaming and betting.
The other arrested individuals include Vishal alias Vicky Mansukhbhai Gevaria, Bhavesh Jinabhai Kihla, Jaydeep Kanjibhai Pipaliya, Navneet Chaturbhai Gevaria, Bhavin Arvindbhai Hirpara, Bakul Maganbhai Tarasariya, and Sahil Mukeshbhai Suvagiy. During the raid, authorities seized a total of ₹17.30 lakh worth of assets, including 19 mobile phones, 4 laptops, ₹10 lakh in cash, 31 passbooks, 87 chequebooks, and 13 SIM cards.
This incident highlights the ongoing issues with illegal gambling and trading practices in India. Authorities are urging the public to stay vigilant and report any suspicious activities to help combat such illegal operations. The SOG continues to investigate the case and ensure that all involved parties are held accountable for their actions.
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