Scammers are constantly adopting new tactics to defraud people. One such method is investment scams, of which a large number of people are falling victim. According to a report by the Cyber Wing of the Home Ministry, more than 30,000 people have fallen victim to such scams in the last six months. These scams have caused a loss of ₹1,500 crore. Most of the victims of such scams are between the age of 30 to 60 years. The highest number of cases have been reported in Bengaluru, Delhi-NCR and Hyderabad, representing 65 percent of the total scam cases.
Most fraud in Bengaluru
According to the Indian Cyber Crime Coordination Bureau (I4C), scammers have targeted the people of Bengaluru the most. 26.38 percent of the total loss occurred in Bengaluru. This city has been the most targeted by cyber criminals. Most of the victims are of working age. According to the report, cyber criminals have most targeted people in the age group of 30 to 60 years. About 76% people belong to this age group. This clearly shows that scammers are targeting people who are at their peak.
huge loss to people
However, senior citizens are also being targeted more than ever. 8.62% people above 60 years of age have been targeted. This means that approximately 2,829 people who fell victim to the scam are above 60 years of age. Reported scams have resulted in huge losses. On average, each victim across all scams lost ₹51.38 lakh. Delhi is the city with the highest average loss per capita. Cyber criminals use various digital mediums to carry out these scams.
