India Launches Nationwide Raids On 'Lottery King' Santiago Martin

India’s Income Tax Department has executed nationwide raids on 70 properties belonging to “Lottery King” Santiago Martin, accusing the mogul of harbouring almost 6bn rupees ($87m) in undeclared gaming income.

The raids by tax inspectors began on April 30 and lasted several days, targeting Martin’s properties in Delhi, Kolkata, Mumbai, Chennai and several other cities, including 22 properties alone in his home base in Coimbatore, a city in southern Tamil Nadu state.

Among Martin’s raided properties was a printing press in Hyderabad that is reportedly responsible for the bulk of his lottery empire’s tickets.

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