Hyderabad Cybercrime Police Arrest 117 Accused in Operation Octopus Drive

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Sports bettors can now place bets and win at the biggest bookmakers and online casinos thanks to the Internet and computer technology. The Cyber Crime Police arrested the four accused in connection with a case registered after a 36-year-old here lost ₹1.5 crore in online cricket betting fraud. Hyderabad, Four people who supplied SIM cards allegedly used in online betting and gaming frauds were arrested here, police said on Wednesday. “Although he initially received about ₹20 lakh as profit, he later suffered heavy losses and ultimately lost the entire amount. Whenever he tried to withdraw money, the fraudsters misled him and redirected him to various interconnected betting platforms,” the police said. According to officials, the accused supplied SIM cards in the names of their family members and friends, which were used in online betting and gaming frauds through fake social media advertisements.

Hyderabad Cybercrime Police Arrest 117 Accused in ‘Operation Octopus’ Drive

Internet casinos and sportsbooks respond to nobody when they don’t have a valid license. The accused persons deliberately misled the victims by promising high returns and continuous support. Then he went to Dubai and supplied 250 SIM cards to other accused and was paid ₹1,200 for each SIM card. Accordingly, three other accused collected SIM cards registered in the names of their family members and friends and handed them over to him. Based on the complaint, a case was registered under provisions of BNS, IT Act and Sections 3 and 4 of Telangana Gaming Act, and arrested the accused.

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