A team of Cyber Crime police raided a building in Secunderabad and nabbed four persons, who were converting video signals of several TV channels into internet signals and telecasting it to customers across the world through internet set-up Box of one Jadoo TV, M Mahender Reddy, Hyderabad Police Commissioner said.
Jaddo TV is a US-based company run by Faisal Aftab and Sajid Sohail.
"The customers only needed to buy the Jadoo TV set-top box and need not pay any monthly subscription. Most of the channels are paid channels and the gang was streaming their channels through internet. TV channels running their business legitimately, were incurring huge losses to the tune of several hundreds of crores," Reddy told reporters.
However, Sumit Ahuja, the CEO of the company -- Pearl Technology, is absconding.
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"During the course of investigation it came to light that this signal piracy was going on for the past 6-7 years on different names from different cities and the accused managed to escape from the clutches of police by changing their set up to different cities," the Hyderabad Police chief said.
Jadoo TV boxes were used by customers in US, Australia, Singapore and 15 other countries and each piece is sold for USD 250-300 and so far 2 lakh such set-top boxes were sold by the accused, Reddy said.
Efforts are on the nab all the accused and a red-corner notice will also be issued, he said.