IPL Scam: Lalit Modi accused of money laundering, match fixing and running a betting network

 

 

The Income Tax department has substantial evidence to prove that Lalit Modi is involved in money laundering, match fixing and abetting or running a betting network across the world according to various news reports in the media. A TV report says that a Delhi socialite Sameer runs a betting network on behalf of Lalit Modi who provides him with inside information on the status of the IPL matches. Whether all this evidence will stand up to the scrutiny of the courts is an altogether different story.

Meanwhile Lalit Modi has vehemently denied all these allegations. He said there was absolutely no betting in IPL matches. He also threatened to take any legal action against these reports. The source of these reports is a confidential dossier prepared by the Income Tax department about six months ago and now corroborated after additional information was obtained from the raids carried out on Lalit Modi’s offices including the BCCI and IPL head quarters. 

Here are some links to articles and reports:

 

http://economictimes.indiatimes.com/News/News-By-Industry/ET-Cetera/Lalit-Modi-charged-with-Betting–Laundering/articleshow/5829947.cms?curpg=4 

http://cricket.zeenews.com/fullstory.aspx?nid=29160

 http://videos.oneindia.in/watch/24663/lalit-modi-involved-ipl-betting.html

 http://www.dnaindia.com/sport/report_lalit-modi-threatens-to-take-legal-action-over-betting-allegations_1373062

 http://timesofindia.indiatimes.com/india/Lalit-Modi-involved-in-betting-murky-deals-I-T-report/articleshow/5830420.cms