- Nearly half of financial frauds targeting Indians originate from the three Southeast Asian countries of Myanmar, Cambodia and Laos.
- Most web applications used to commit fraud are written in the Chinese language, thereby not ruling out the Chinese connection, as per the Indian Cyber Crime Coordination Centre.
- In the first four months of the year, Indians had lost over ₹1,776 crore in 89,054 cases of financial crimes such as digital arrest, stock market scams, investment scams and romance or dating scams.
- These complaints were received on the national cybercrime portal and not all of them were converted into First Information Reports.
Dig Deeper: Read about the mandate of the Indian Cyber Crime Coordination Centre.
