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Online gaming scams: Small bets win, big bets lose – how they work
  • Finance

Online gaming scams: Small bets win, big bets lose – how they work

TheSpuzz Desk8 months ago07 mins

Source: Business Standard 4 min read Last Updated : Oct 11 2024 | 4:42 PM IST Imagine you bet just Rs 10 on an online game, win, and think, “Why not try more?” Encouraged by your small success, you raise the stakes to Rs 500, aiming for a big win. But this time, you…

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Explained: How ED busted the Rs 400 crore Fiewin gaming app scam
  • Finance

Explained: How ED busted the Rs 400 crore Fiewin gaming app scam

TheSpuzz Desk8 months ago05 mins

Source: Business Standard 3 min read Last Updated : Sep 25 2024 | 2:02 PM IST The Enforcement Directorate (ED) last month arrested four individuals in connection with an online gaming app, Fiewin, which defrauded users of over Rs 400 crore ($47.6 million). The app, initially presented as a legitimate platform for earning money through…

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