Exclusive: Rags to riches to rags - Mumbai man lost Rs 12 crore to online money gaming
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India Today
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What happened
A Mumbai businessman lost Rs 12.22 crore to the Parimatch online betting platform over three years. Initially lured by ads featuring a popular actress on Facebook, he was promised huge returns but end...
Where this report came from
RISX summarises public reporting into plain language. Always check the original — wording and dates may change after publication.
Last updated from feed: 22 August 2025 at 04:00 pm
- India Today
https://www.indiatoday.in/india/story/rags-to-riches-back-to-rags-mumbai-man-lost-rs-12-crore-to-online-money-games-2775278-2025-08-22
Report details
Published on
22 August 2025 at 04:00 pm
Reported by
India Today
Reported
Target profile
business owner
State
Maharashtra
City
Mumbai
Reported loss range
> ₹10000000
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