As cricket fever grips South Asia, online gambling scams are on the rise. Fraudsters are exploiting fan enthusiasm during major tournaments like IPL and Asia Cup to lure users into illegal betting platforms.
These platforms promise high returns for match predictions or fantasy leagues. Once users invest, winnings are rarely paid and accounts are often disabled after major losses.
Authorities in Bangladesh and India have warned the public to stay away from unlicensed betting websites, especially those advertised on social media or through influencers.
Sports fans are urged to verify app credentials and avoid sharing banking information with platforms that lack regulatory approval.
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