World Cup Triggers Betting Web, Fake 'Dream11'-like Sites Target Users' Wallets

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Cybercriminals Exploit World Cup Fever with Fake Betting Sites

As the T-20 Cricket World Cup gains momentum, a network of fake online betting platforms has emerged, preying on unsuspecting users. These websites, masquerading as legitimate fantasy gaming apps, are designed to deceive users into placing wagers on match outcomes, individual scores, and other events.

Tactics Used by Scammers

The scammers employ a range of tactics to build trust with their targets. They create fake websites with logos and layouts similar to those of reputable fantasy gaming platforms, such as Dream11. These sites are often promoted through social media, Telegram channels, and groups, where users are initially offered small “wins” to lure them into investing larger amounts. However, once a substantial amount of money is deposited, the withdrawal options are disabled, or the accounts are blocked.

Investigations Reveal Fake Platforms

Investigations have revealed that these fake platforms are operating from foreign servers and are using various names, such as “Dream X Ambani,” “Dream11 Adani,” “Dream Cricket,” and “Dream Betting Website,” to create confusion among users. The branding of these fake sites is designed to closely resemble that of legitimate platforms, making it difficult for users to distinguish between genuine and fake services.

Previous Scams and Challenges

This is not the first time such scams have surfaced. Similar rackets were reported during previous cricket tournaments, including the IPL, which led to the arrest of several individuals. However, the betting ecosystem has now shifted largely to mobile-based and encrypted communication channels, making it more challenging for authorities to detect and track these operations.

Cybersecurity Risks

Cybersecurity experts warn that these fake sites are not only involved in betting operations but also harvest users’ banking details and Know Your Customer (KYC) documents. The stolen data is later used for other cybercrimes, such as identity theft and financial fraud. In many cases, mule bank accounts and digital wallets are used to quickly transfer funds across multiple layers, making it difficult to trace the transaction trails.

Modus Operandi

The modus operandi of these scammers involves creating fake social media profiles to promote their platforms, circulating “inside tips” and “fixed odds” through Telegram channels, and sharing payment links directly with users. The links are frequently changed to evade blocking measures.

Precautions and Awareness

Authorities have urged the public to exercise caution when investing money in any app or website, especially those that promise unusually high returns or use unauthorised payment gateways. Users are advised to verify the official source of the platform and be aware of the legal distinction between authorised fantasy gaming and illegal betting.

Reporting and Monitoring

A dedicated helpline has been set up for reporting online betting or suspicious gaming platforms. Parents are also advised to monitor their children’s online activity, as mobile-based betting is becoming increasingly popular among young users.

Law Enforcement and Cybersecurity Measures

Law enforcement agencies have intensified their monitoring of suspicious links and are taking steps to block these platforms. Financial transactions linked to these operations are under scrutiny to identify the individuals and networks involved.

Awareness is Key

Cybersecurity experts emphasize that awareness is the strongest defence against such scams. Users are advised to be cautious of platforms that promise quick profits and to treat them with suspicion, as they often form part of organised fraud networks targeting unsuspecting users.