China’s ‘financial invasion’: Hundreds of Chinese-controlled apps siphon off thousands of crores from India

The Enforcement Directorate through its multiple investigations has found that over hundreds of Chinese-controlled apps, including those involved in loan services and betting, siphoned off thousands of crores of rupees from India with the help of chartered accountants.

The betting apps alone have grossed revenues of Rs 1,300 crore.

[Via]

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