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ED arrests Ebix group chairman Vikas Garg in illegal betting case

The 53-year-old businessman is alleged by the agency to have routed ill-gotten money from the betting app into the entities owned and controlled by him; the ED recorded that it has attached properties of Mr. Garg, his family members and firms owned by him, valued at ₹940.77 crore

· 7/14/2026, 4:32:13 PM· 2 min read
ED arrests Ebix group chairman Vikas Garg in illegal betting case
The 53-year-old businessman is alleged by the agency to have routed ill-gotten money from the betting app into the entities owned and controlled by him; the ED recorded that it has attached properties of Mr. Garg, his family members and firms owned by him, valued at ₹940.77 crore
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