MBA graduate exposes online betting ring

An MBA graduate, who lost over Rs 50 lakh and a friend to online cricket betting, became a whistleblower helping police crackdown on a sophisticated online betting syndicate.

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The 27-year-old was defrauded by “guaranteed TOSS FIX” predictions promoted by influencers on social media, losing more than Rs 50 lakh since December 2023. His friend died by suicide in December 2024 after losing around Rs 60 lakh to the same scheme.

Following the devastating losses, the graduate decided to expose the fraudsters. The information provided by him led the Cyberabad Police Commissionerate in June this year to register cases and arrest five online influencers, effectively dismantling a sophisticated online betting syndicate operating through the influencers, unauthorised betting websites, and mule accounts.

This network systematically deceived youth with false promises of match-fixing tips and used aggressive social media campaigns to lure them into illegal gambling platforms.