The Enforcement Directorate (ED) has taken decisive action against two online gaming companies, seizing assets worth ₹523.57 Crore, following the revelation that the firms allegedly used sophisticated Artificial Intelligence (AI) software to cheat subscribers in online gambling and gaming platforms.

The ED's Bengaluru Zonal Office initiated the action after receiving complaints against the gaming apps WinZO and Pocket52 operating despite bans on online gambling in certain areas. The ED filed two separate cases against Win Games Pvt. Ltd. and Nerdes Networks Pvt. Ltd.

The Modus Operandi: AI Disguised as Humans -

Investigations revealed that the two companies, operating from offices in Delhi and Gurugram, utilized AI software to create accounts that mimicked human players. Subscribers were unknowingly pitted against these AI-controlled entities.

The Deception: The search found that the companies created AI accounts under human names, making subscribers believe they were playing against real people.

The Loss: In most instances of this misuse and rigging, the unsuspecting subscribers were defeated, leading to the loss of large sums of money. The gaming apps reportedly have over a lakh subscribers. Imagimake Mapology India with State Capitals - Educational Toy and Learning Aid for Boys and Girls - India Map Puzzle - Jigsaw Puzzle, 25 Pieces, Kids

Massive Financial Seizure -

Following its investigation, the Enforcement Directorate proceeded to attach assets related to the fraudulent operations. The total assets seized from both companies amount to ₹523.57 Crore.

The seized assets include bank deposits, shares, and investments made in mutual funds, underscoring the scale of the financial crime facilitated through the misuse of AI technology in the rapidly growing online gaming sector.

The case highlights the growing threat of advanced technological tools being deployed to perpetrate massive financial fraud against consumers in the digital space. Also Read: Government Jobs After 10th Grade: Immediate Career Opportunities for SSLC Pass Outs