Daijiworld Media Network - Noida
Noida, Mar 28: The Enforcement Directorate (ED) has launched a probe into Subdigi Ventures Private Limited, a Noida-based company, for allegedly receiving illegal foreign remittances linked to adult content streaming platforms.
The investigation, conducted under FEMA and the Income Tax Act, revealed that the company, controlled by a Noida-based couple, received substantial foreign funds from Cyprus-based Technius Limited, which operates adult entertainment websites, including Xhamster and Stripchat. These transactions, masked as payments for advertising and market research, allegedly stemmed from earnings generated through adult content streaming.
ED officials uncovered a fully equipped studio used for content creation, with models reportedly recruited via social media. The financial probe traced over Rs 15.6 cr in illicit remittances to Subdigi Ventures and its directors. Additionally, an undisclosed Netherlands-based bank account linked to the couple received around Rs 7 cr, withdrawn in India via international debit cards to evade detection.
Authorities flagged the firm’s revenue-sharing model, where the couple allegedly retained 75% of the earnings while offering only a minimal share to models involved in the content. Seized cash amounting to Rs 8 lac and various incriminating documents form key evidence in the ongoing investigation.
With international agencies now involved, the ED is working to uncover the full scope of the illicit financial operations, including potential money laundering and exploitation of models in the adult content industry. Further actions are expected as the probe deepens.
