India Seizes Assets Of 'Lottery King' Santiago Martin Over Sikkim Scam

India’s economic crimes unit has seized nearly 1.2bn rupees ($17.3m) in property and land belonging to “Lottery King” Santiago Martin over an alleged 9.1bn rupee lottery scam, marking the second major raid on his gaming empire in under three months.

The central government’s Enforcement Directorate, an anti-money laundering and economic intelligence agency under the Ministry of Finance, announced on Monday that it had seized 61 apartments and 88 plots of land belonging to Martin, in relation to a scam which targeted the Sikkim state lottery.

The seized properties in Martin’s home city of Coimbatore, Tamil Nadu state, were purchased through some 40 companies that laundered funds gained from the Sikkim scam, the Enforcement Directorate said.

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