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The Enforcement Directorate conducted raids at four spots in Mumbai in a money laundering case linked to dabba trading and online betting. During the raids, the agency seized unaccounted cash worth ₹3.3 crore, luxury watches, jewellery, foreign currency and luxury vehicles. Dabba trading is an illegal and unregulated form of trading in securities, according to SEBI.
short by Medhaa Gupta / 10:19 pm on 16 Jul
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