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INDIA MUST ADDRESS MENACE OF FINANCIAL FRAUDS WITH URGENCY
January 01, 2026
|The Morning Standard
DIGITAL fraud emerged in 2025 as one of the biggest threats facing Indians.
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From the early days of such swindles, when gullible bargain hunters would be lured by nonexistent Nigerian princes, the scam industry has moved to online extortion via threats of police action or disconnected utilities. It has recruited and trained a large number of youngsters to work the multi-crore 'digital arrest' engine. From a mere ₹91 crore reported stolen in 2022, the amount skimmed off through such deceit ballooned to ₹1,936 crore in 2024. According to a home ministry submission before the Supreme Court, it exceeded ₹3,000 crore in 2025.
هذه القصة من طبعة January 01, 2026 من The Morning Standard.
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