Loan and online gambling
3 weeks ago
I lost my 25 lach as a part of loss and all money was taken from multiple bank what to do8
A.Dear Client,
The Information Technology Act 2000 regulates cyber activities and online gambling in India, but there's no explicit law making them illegal nationwide. Only Sikkim, Nagaland, and Meghalaya have gaming laws and licensing regimes. Different forms of gambling exist, including horse racing, lottery, skill games, casino gambling, online gambling, and sports betting. Violations may result in a fine of Rs. 200 or imprisonment up to 3 months.
Reporting cybercrime via the National Cyber Crime Reporting Portal prompts investigation by the Cyber Crime Cell, involving freezing suspected accounts. Investigations can vary in duration depending on complexity. Section 457 of the CrPC allows a Magistrate to conditionally release frozen amounts, often requiring an indemnity bond from the victim pledging 1.5 times the refunded amount to the bank if claims are false.
The Information Technology Act 2000 regulates cyber activities and online gambling in India, but there's no explicit law making them illegal nationwide. Only Sikkim, Nagaland, and Meghalaya have gaming laws and licensing regimes. Different forms of gambling exist, including horse racing, lottery, skill games, casino gambling, online gambling, and sports betting. Violations may result in a fine of Rs. 200 or imprisonment up to 3 months.
Reporting cybercrime via the National Cyber Crime Reporting Portal prompts investigation by the Cyber Crime Cell, involving freezing suspected accounts. Investigations can vary in duration depending on complexity. Section 457 of the CrPC allows a Magistrate to conditionally release frozen amounts, often requiring an indemnity bond from the victim pledging 1.5 times the refunded amount to the bank if claims are false.
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A.Dear Client,
The Information Technology Act 2000 regulates cyber activities or online gambling in India. There is no explicit law that makes online gaming and gambling an illegal activity in India. Only the states of Sikkim, Nagaland, and Meghalaya have gaming laws and licensing regimes. There are different kinds of gambling in India that are prevalent and practiced in India in the past i.e. Horse Racing, Lottery, Skill Games, Casino Gambling, Online Gambling and Sports betting. Any violation of the law would attract a fine of Indian rupees 200 or imprisonment of up to 3 months. Once a cybercrime scam involving suspicious or fraudulent transactions is reported online to the National Cyber Crime Reporting Portal(NCCRP), on the instruction of the Cyber Crime Cell, the investigating team starts the routine process of investigation immediately freezing the suspected accounts of fraudsters and the victim's Bank account and you have to wait for the completion of the investigation of the scam by the investigating agency. The length of time it takes to investigate a cybercrime can vary greatly depending on the complexity of the case, the resources available to the investigators, and the cooperation of the victim. Section 457 of the CrPC empowers a Magistrate to use their discretion to order the conditional release of the amount frozen under cyber scam. In this situation, the police seek an indemnity bond from the victim who needs to declare that he/she will pay 1. 5 times the refunded amount to the bank in case his/her claim is false or if other claims are made on the amount. If required, you may take the service of an Advocate for guidance and steps. You may consult with a cyber crime expert for further guidance and suitable steps.
The Information Technology Act 2000 regulates cyber activities or online gambling in India. There is no explicit law that makes online gaming and gambling an illegal activity in India. Only the states of Sikkim, Nagaland, and Meghalaya have gaming laws and licensing regimes. There are different kinds of gambling in India that are prevalent and practiced in India in the past i.e. Horse Racing, Lottery, Skill Games, Casino Gambling, Online Gambling and Sports betting. Any violation of the law would attract a fine of Indian rupees 200 or imprisonment of up to 3 months. Once a cybercrime scam involving suspicious or fraudulent transactions is reported online to the National Cyber Crime Reporting Portal(NCCRP), on the instruction of the Cyber Crime Cell, the investigating team starts the routine process of investigation immediately freezing the suspected accounts of fraudsters and the victim's Bank account and you have to wait for the completion of the investigation of the scam by the investigating agency. The length of time it takes to investigate a cybercrime can vary greatly depending on the complexity of the case, the resources available to the investigators, and the cooperation of the victim. Section 457 of the CrPC empowers a Magistrate to use their discretion to order the conditional release of the amount frozen under cyber scam. In this situation, the police seek an indemnity bond from the victim who needs to declare that he/she will pay 1. 5 times the refunded amount to the bank in case his/her claim is false or if other claims are made on the amount. If required, you may take the service of an Advocate for guidance and steps. You may consult with a cyber crime expert for further guidance and suitable steps.
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