Indians lost Rs 120 crore in digital arrest frauds in January-April 2024

INDIANS LOST Rs 120.30 crore in “digital arrest” frauds, which was highlighted by Prime Minister Narendra Modi Sunday, in the first quarter of this year alone, government cybercrime data shows.

According to the Ministry of Home Affairs (MHA), which monitors cybercrime at the central level through the Indian Cybercrime Coordination Centre (I4C), digital arrests have of late become a prevalent method of digital fraud. Many of those carrying out these frauds are based in three contiguous southeast Asian countries: Myanmar, Laos and Cambodia.