Fradulent Online Gambling Platform linked to Chinese Firms

July 10, 2020my_locationLakshettipet, Sanjeevareddy Nagar and Chennai

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Date July 10, 2020
Location Lakshettipet, Sanjeevareddy Nagar and Chennai
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In the 2nd Week of July 2020, T Madhukar of Lakshettipet in Mancherial died by Suicide. Recently he lost Rs 15 Lakh to Fraudsters in Online Gaming – Dafabet. Madhukar borrowed the money from his friend. Due to the Loss, he became depressed and thus ended up his life. But he was not the only one who loses the money.

There were more 3 Persons who ended their lives in separate incidents – one in Narsingi police, the other in Sanjeevareddy Nagar while the third victim belonged to Chennai and all of them lost several Lakhs of Rupees. As the investigators are digging in for more details, they found out that all Shady Deals and Transaction was being run by Beijing T Power, a Chinese Firm.

While the World was dealing with Covid 19, Beijing T Power was minting money from people during Lockdown Period as a transaction for this company. People who are indoors started investing heavily only to suffer huge losses. To Lure the Gamers in, The stakes would be like 7:3 out of which the Player has a chance to win 7 times out of 10. Subsequently, Company has programmed this Ratio Reversely i.e 3:7, so this made people losing a large amount of money thus leading in Suicides.

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UDS LABS is a Data Security Firm, we provide assistance in all your problem regarding securing your Data. Our Aim is to Minimise much Cyber Crimes by Providing you Awareness Digitally.



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