Cricket betting – Artifex.News https://artifex.news Stay Connected. Stay Informed. Sat, 15 Jun 2024 17:49:30 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://artifex.news/wp-content/uploads/2023/08/cropped-Artifex-Round-32x32.png Cricket betting – Artifex.News https://artifex.news 32 32 Man Arrested For Killing Woman To Pay Off Betting Debt In Maharashtra: Cops https://artifex.news/man-arrested-for-killing-woman-to-pay-off-betting-debt-in-maharashtra-cops-5898509rand29/ Sat, 15 Jun 2024 17:49:30 +0000 https://artifex.news/man-arrested-for-killing-woman-to-pay-off-betting-debt-in-maharashtra-cops-5898509rand29/ Read More “Man Arrested For Killing Woman To Pay Off Betting Debt In Maharashtra: Cops” »

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Probe is underway, say cops. (Representational)

Thane:

Police has arrested a man from Dombivli in the district for allegedly killing a 65-year-old woman and stealing her jewellery to pay off the debts incurred in online cricket betting, an official said on Saturday.

Asha Arvind Raikar, resident of Kopar area, was found choked in her flat on Friday, said deputy commissioner of police (zone III) Sachin Gunjal.

CCTV footage showed that Satish Vichare (28), resident of the same building, had entered her flat on Thursday afternoon.

During questioning, he allegedly told police that he was addicted to online cricket betting and indebted to the tune of Rs 60,000.

To get money, he decided to rob the woman, Vichare allegedly told police.

After allegedly strangulating Raikar, he stole her chain and earrings before locking the flat from outside and fleeing, the police official said, adding that probe was underway.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)



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How A Karnataka Man Was Lured Into IPL Betting And Ended With 1 Crore Debt https://artifex.news/ipl-betting-cricket-betting-how-a-karnataka-man-was-lured-into-ipl-betting-and-ended-with-1-crore-debt-5313172rand29/ Tue, 26 Mar 2024 09:47:58 +0000 https://artifex.news/ipl-betting-cricket-betting-how-a-karnataka-man-was-lured-into-ipl-betting-and-ended-with-1-crore-debt-5313172rand29/ Read More “How A Karnataka Man Was Lured Into IPL Betting And Ended With 1 Crore Debt” »

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Bengaluru:

Ranjitha, a 23-year-old housewife, was found hanging at her home in Karnataka’s Chitradurga. As cops investigated the death, they unearthed a grim saga involving cricket betting and a debt of over Rs 1 crore involving her husband Darshan Babu.

An assistant engineer in the Minor Irrigation Department, Darshan Babu, started betting on IPL matches in 2021, a year after his marriage to Ranjitha. His father-in-law says that Darshan was lured into cricket betting with a promise of quick money.

Darshan was told that he could make easy money by betting on IPL matches and there was hardly any risk involved. The gang running the betting racket even promised to finance his bets if he would give them blank cheques as security.

The engineer, who police say is in his late 20s, caved in and started betting on Indian Premier League (IPL) games. He won at first and started placing bigger bets.

But luck, as it often does, turned its back on him, leaving behind a trail of losses. Hooked on the allure of betting, he had no option but to borrow money at high-interest rates and ended up with debts of over 1 crore by the end of the IPL season in 2023.

The weight of Darshan’s debts bore down heavily on the young couple, who have a two-year-old son. What also followed was constant harassment by the moneylenders, which eventually drove Ranjitha to suicide.  

Police found Ranjitha at her home on March 18. During the investigation, they also found a suicide note detailing the constant threats and harassment by the moneylenders.

Her father in his complaint has named 13 people and accused them of intimidating and threatening the couple.

Three of the lenders have been arrested and police say investigation in the case is still on.

Ranjitha’s tragic death has spurred a conversation on the dark world of online betting. Last year, the Enforcement Directorate unearthed a betting ring called Mahadev where the promoters had racked up over Rs 400 crore. The Mahadev app came under the crosshairs of probe agencies only after a Rs 200-crore wedding in the UAE this February, paid for entirely in cash.



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