Online Gambling Scam: Do frauds come in online gaming? These 13 tips will help you

Online gambling sites are prone to fraud for a few reasons, but one of the biggest is the amount of money to be made. Online gambling addiction can destroy your lifetime earnings. This should be avoided at all costs. Please tell us how to avoid online gaming and gambling scams. Online gambling fraud occurs when cyber criminals attempt to exploit or defraud a gaming operator. This can take many forms, including gray areas such as multi-accounting, bonus abuse, affiliate fraud, money laundering and even arbitrage. When we talk about gambling fraud, we mean any illegal or harmful practice or scheme by professional or amateur fraudsters to obtain money, bonuses or other benefits from an online gaming organization – and/or other To facilitate the fraud.

Let me give an example to show how destructive Internet gambling addiction can be. A Nagpur businessman lost Rs 58 crore in internet gaming. Police has identified the accused as Anant alias Sontu Navratan Jain. It enticed the trader to gamble online by claiming that he could make a lot of money. The man initially thought it would be unfair to do so, but eventually accepted the offer. Then he sent Rs 8 lakh through a hawala dealer. Jain provided a link via WhatsApp to the trader with the promise of increased profits. On clicking this link, an online gaming account was to be opened. After clicking this the businessman felt relieved as he had Rs 8 lakh in his account. He also earned Rs 5 crore first. However, his happiness was short-lived as he lost Rs 58 crore in gaming. When the trader realized he was losing all the time, he realized something was wrong. They requested Jain to return the money, but he refused. Subsequently, the businessman lodged a complaint with the Internet Police and a case of cheating was registered under the Indian Penal Code. When the police entered Jain’s house in Gondia, they found Rs 14 crore in cash and 4 kg of gold biscuits. In addition, several important evidences proving his guilt were discovered. However, Jain has not been caught by the authorities and is believed to have fled to Dubai. Police is looking for Jain.

Naturally, online gambling attracts a lot of fraud due to its ease of access as well as the offline industry’s established relationship with money launderers. It also piques the interest of regulators and legislators, whether we are talking about a poker room, online casino, slot website, bingo room or bookmaker.

Not everyone understands the dangers of Internet gambling. Many people have got trapped in its trap. Let us know what you have to do to avoid this type of scam.

How to Avoid Online Gaming or Gambling Scams:

1. If you receive an email containing a link to a game, you do not need to click on it, even if you do by mistake.

2. Do not blindly trust any email. Report any suspicious mail immediately.

3. If you want to download an online game or extension, make sure to do so from a reputable source.

4. Check the name of the developer to make sure the game is legit.

5. Download apps and extensions from the official website.

6. Do not give your personal or financial information to anyone you recently met in an in-game chat room.

7. Always keep your online gaming account login information secure.

8. Do not share personal information, identifying data or account information online

9. Use a strong password for game login.

10. Avoid using debit cards for purchases.

11. Never click on any link asking you to confirm your password again.

12. Exercise caution when befriending strangers on online gaming forums and avoid exchanging personal information with them.

13. Use only official websites for any purchases related to the game.

– Animesh Sharma