iWorld
Applause Entertainment to make web series on 1992 Securities Scam based on the book ‘The Scam’
MUMBAI: For the first time ever, the true story behind one of the most notorious scams of the Indian Stock Market shall be brought on screen by Applause Entertainment in a 10 part series. SuchetaDalal and DebashisBasu’s ‘The Scam’ is one of the most thrilling non-fiction books ever written in India. Helmed by entertainment veteran Sameer Nair, Applause Entertainment will be showcasingthiswhite-collar crime story which took the country by storm.
An ambitious man discovers a loophole in the system and achieves overnight success in thestock market. A woman gets on his tail and India’s biggest securities scam is exposed. This story of greed makes for a thrilling series of ambition and investigative journalism. An immediate bestseller after being published in April 1993, the book highlights the pervasive greed and misconduct of the financial world unearthed by Padma Shri award-winning journalist SuchetaDalal. Converting this exposéinto a visual format is going to make for a spellbinding story.
Applause Entertainment CEO Sameer Nair said,”The Scam had me hooked from the start. We are thrilled to work with Sucheta&Debashis on adapting this book into a riveting drama series. With their active collaboration on the screenplay, it promises to be an edge of the seat D-Street drama. These are indeed exciting times for digital content.”
“It is uncanny how the banking system continues to be exploited through systemic loopholes. It was Harshad Mehta using fake BR in 1992. Now it is Nirav Modi using fake LoU. As if nothing has changed.
We are very excited to collaborate with Applause Entertainment, and see the drama and excitement of 26 years ago, from an era when there were no cellphones or internet, being recreated for the digital age.”, says Sucheta Dalal.
In addition to ‘The Scam’, Applause Entertainment has also partnered with international powerhouse BBC Worldwide to produce the Indian version of two of their popular shows–‘The Office’ and ‘Criminal Justice’, has acquired the rights of the 1st chapter of the bestselling book ‘India’s Most Fearless’ and is also in process of making a political drama series called ‘City of Dreams’with NageshKukunoor.
iWorld
JioStar-backed crackdown busts illegal IPTV network, three arrested
Police seize Rs 20 lakh, expose piracy ring streaming IPL and OTT content
MUMBAI: A coordinated anti-piracy operation backed by JioStar India Private Limited has led to the arrest of three individuals linked to an organised illegal IPTV network streaming premium television and sports content, including matches from the TATA IPL 2026.
The crackdown was carried out by the Cyber Crime Police Firozabad, which uncovered a piracy syndicate operating under the name “BOS IPTV”. The accused were apprehended across Uttar Pradesh, Punjab and Rajasthan, signalling the multi-state footprint of the operation.
Investigators found that the network had built a user base of over 900 subscribers, distributing unauthorised streams of copyrighted content through digital platforms, including messaging apps. Authorities also traced structured financial transactions linked to the operation, with payments routed via QR codes, bank accounts and other digital methods.
As part of the enforcement action, law enforcement agencies seized several electronic devices and financial records. Around Rs 20 lakh connected to the accused has been frozen, highlighting the commercial scale of the piracy network.
The case follows an earlier crackdown on a large illegal IPTV operation and marks an expansion of efforts to dismantle connected nodes within the piracy ecosystem. Officials indicated that investigations are ongoing, with more links in the network under scrutiny.
The complaint, supported by JioStar India Private Limited, has been registered under provisions of the Bharatiya Nyaya Sanhita, the Information Technology Act and the Copyright Act.
The development underscores growing collaboration between content owners and law enforcement agencies as India intensifies its fight against digital piracy. With high-value properties like the IPL in focus, the message is clear: the stream may be illegal, but the crackdown is very real.
