In a major revelation, top Tollywood actors Vijay Deverakonda, Prakash Raj, and Rana Daggubati have reportedly been booked in a betting app investigation linked to illegal online gaming and money laundering activities.
⚖️ What the Case Is About
Authorities have launched an investigation into a betting application allegedly used to promote illegal gambling across India. As per reports, the Enforcement Directorate (ED) is examining transactions, promotional involvements, and the digital footprints of celebrities who endorsed or were associated with the platform.
👨⚖️ Celebs Under Scanner
Vijay Deverakonda: Allegedly endorsed the app on social media platforms.
Prakash Raj: Reportedly received compensation for promotional events.
Rana Daggubati: Suspected of financial ties with app developers.
Officials say that more actors and influencers could be summoned based on forensic analysis of the app’s backend and financial records.
🔍 Why This Matters Financially
With a growing trend of celebrity endorsement of fintech and gambling platforms, the line between legal advertising and illicit promotion has blurred. This has raised key questions:
Are influencers liable for the apps they promote?
What due diligence should celebrities and users do?
How can one distinguish between regulated apps and scams?
📲 Vizzve Insight: Choose Financial Platforms With Caution
At Vizzve, we encourage smart, informed financial choices. Always ask:
Is the app RBI or SEBI registered?
Does it offer transparent terms, not get-rich-quick schemes?
Are your data and money secure and traceable?
Betting is not investing. It can lead to addiction, financial distress, and legal risk — even for celebrities.
🙋 FAQs
Q1: Is betting online legal in India?
Only certain forms like horse racing are legal; most betting apps operate in grey areas or outright illegality.
Q2: Can celebrities be held accountable for app endorsements?
Yes. If proven that they knowingly promoted unlawful platforms, legal action can be taken under consumer protection and anti-gambling laws.
Q3: How can I know if a finance or gaming app is genuine?
Check for government registration, app store reviews, company background, and transparency. Use trusted platforms like Vizzve.
Published on : 10th July
Published by : SMITA
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