Rs 1,250 Cr Cyber Heist: Delhi Victims Lose Millions

Cyber fraudsters have siphoned an estimated Rs 1,250 crore in Delhi and a staggering Rs 20,000 crore nationwide over the past year. A recent incident saw an elderly couple in Greater Kailash lose Rs 14.85 crore through a sophisticated 'digital arrest' scam, highlighting the ease with which victims are manipulated. These crimes, predominantly orchestrated from Cambodia, Vietnam, and Laos under Chinese handlers, exploit fear, convincing victims they face arrest.

The scamsters employ tactics such as faking an arrest by government officials to coerce victims into transferring funds. The Taneja couple, aged 81 and 77, fell prey to this for 16 days, parting with their entire life savings by liquidating assets. This modus operandi, alongside investment frauds, has become a prevalent method for cybercriminals, who use illegal SIM boxes to mask their international origins.

Authorities are intensifying cyber awareness programs and coordinating with banks to combat this menace. Despite a rise in recovery rates from 10% to 24%, the financial toll remains immense. Citizens are urged to report cyber fraud immediately to the national helpline 1930 to improve chances of transaction holds and fund recovery. Early reporting is crucial, as transactions can be blocked within 24 hours.