₹400 Cr Online Gaming Fraud: 2 Odisha Men Worked as ‘Recharge Agents’, ED Reveals

Bhubaneswar/New Delhi: The Enforcement Directorate (ED) has unearthed a Rs 400 crore fraud connected to the online gaming platform, Fiewin, which reportedly involved Chinese nationals. The app lured users by promising easy money through mini-games, officials revealed.

In Kolkata, four Indians, including two from Odisha, were arrested for allegedly aiding the Chinese individuals involved in the scam. Binance, the leading global cryptocurrency exchange, provided assistance in the investigation. Additionally, authorities have frozen assets worth Rs 25 crore as part of the ongoing probe.

Fiewin, as per a Binance statement, allowed users to quickly set up accounts and participate in mini-games by topping up their in-app balance using various payment methods. However, several complaints surfaced claiming that when users accumulated significant funds, the app blocked withdrawal requests, trapping their money in the process.