The Directorate of Enforcement (ED), Bengaluru Zonal Office, has attached movable properties worth USD 55.69 million (about ₹505 crore) held in foreign bank accounts in the US and Singapore. These accounts belong to overseas shell companies Winzo US Inc and Winzo SG Pte Ltd, linked to Winzo Pvt Ltd. The companies are controlled by Paavan Nanda and Saumya Singh Rathore. Earlier searches were done on Winzo's office and director's home on November 18, 2025, and at the accounting firm on December 30, 2025. The ED says Winzo conducted illegal practices by making customers play real-money games against BOTs or AI software called PPP/EP/Persona, without informing them. Withdrawals from customer wallets were limited, forcing users to keep playing. The company earned “rake commission” on matches between real players and BOTs, which the ED calls “proceeds of crime.” From 2021–22 to August 2025, the ED estimates illicit gains of ₹3,522.05 crore. So far, assets worth about ₹689 crore were frozen. Some of these illegal earnings were sent abroad as overseas investments, even though the business was run from India. With this latest attachment of $55.69 million, the total amount of assets seized or frozen now is around ₹1,194 crore. The investigation is ongoing.