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Hyderabad police arrested four in a ₹1.5 crore online betting scam using fake ads and WhatsApp messages.
Hyderabad police have arrested four individuals in connection with a ₹1.5 crore online betting fraud, allegedly carried out through fake social media ads and deceptive WhatsApp messages.
The suspects, including a Dubai-based employee and an auto driver, used false identities to obtain SIM cards and promoted a fake betting platform called 'BETINEXCHANGE', offering guaranteed profits to build trust.
A victim deposited funds over several months via bank transfers, UPI, and cash machines, receiving initial returns before losing everything after being redirected to multiple fraudulent platforms.
Police have seized five phones, filed a case under the IT Act, BNS, and Telangana Gaming Act, and are investigating the money trail and potential additional suspects.
La policía de Hyderabad arrestó a cuatro en una estafa de apuestas en línea de ₹ 1.5 crore utilizando anuncios falsos y mensajes de WhatsApp.