Lalit Modi has investments in 3 IPL teams: Income Tax Department

The Income Tax Department has reported Government of India that IPL Chairman Lalit Modi has investments in 3 IPL Teams. Yesterday the Income Tax department has conducted raid in Modi's office and they found many details about Modi's money investments in IPL Teams. By the Office raid held at Modi's Mumbai office, the income Tax Department has found documents and details revealing his money investments in many foreign countries. The report given by the IT department shows that there are many evidences about his involvement in Cricket Bets and money investments in several foreign countries. The Income Tax Department official stated that they have been secretly watching Modi's secret dealings. They found that Modi was having many much financial commitments before 4 years. But now he has investments in allmost all foriegn banks. There will be an immediate action against Modi by the Income Tax Departments.

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