Visakhapatnam Police Bust Illegal Betting Gang
Visakhapatnam Police Bust Illegal Betting Gang

Visakhapatnam Police Bust Illegal Betting Gang

News summary

Visakhapatnam police have dismantled two illegal operations involving betting and fraud, arresting seven individuals linked to a betting apps gang with ties to China, and uncovering an illegal payment gateway aggregator disguised as a cosmetic company. The police seized numerous devices, bank documents, and unregistered SIM cards, revealing a sophisticated network that facilitated unauthorized betting without Reserve Bank of India approval. Concurrently, a separate case in Navi Mumbai led to the arrest of a member of a gang impersonating bank personnel to extract sensitive information for fraudulent loans, affecting multiple victims across states. In Kanpur, four fraudsters were apprehended for a massive ₹22 crore scam, utilizing social media to lure victims into investment schemes. Additionally, a significant cyber fraud network was uncovered in Gurugram, involving 12 suspects who defrauded individuals through fake profiles and impersonation of international companies. The police have pledged to continue efforts to secure citizens against such cyber threats.

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