Home / Mumbai / Mumbai Crime News / Article / Cyber fraud: Mumbai lost Rs 1,000 crore in just 10 months this year

Cyber fraud: Mumbai lost Rs 1,000 crore in just 10 months this year

First 10 months saw complaints totalling over Rs 1,000 crore in Mumbai alone, almost a quadrupling of the money lost in all of 2023!

Listen to this article :
Currently, around 12 types of cyber frauds have been reported in the city. Representation pic/iStock

Currently, around 12 types of cyber frauds have been reported in the city. Representation pic/iStock

In the past ten months, cyber fraud in Mumbai has exceeded Rs 1,000 crore, according to data from Mumbai Cyber. The fraud cases were reported to the 1930 helpline, and the Mumbai Cyber team managed to freeze Rs 129 crore within the critical “golden hours,” the two hours immediately following the fraud.
 
As per the official data from January to the first week of November, Mumbai recorded a loss of R1,084,75,20,077 (one thousand eighty-four crore, seventy-five lakh, twenty thousand, and seventy-seven rupees), a 281 per cent increase compared to 2023, when cyber fraud cases totalled around Rs 262 crore reported to 1930. Out of this year’s total, the Cyber Cell recovered just Rs 129 crore, accounting for about 12 per cent of the total reported fraud. 

In 2022, after the helpline launched in May, frauds totalled Rs 32.35 crore in seven months, and Rs 1.58 crore (4.91 per cent) was recovered during golden hours. Since May 2022, Mumbai has recorded cyber frauds of Rs 1,379.21 crore, with the 1930 helpline receiving 5,74,276 calls, 72,503 registered complaints, and 2,265 FIRs.

Trending Stories

Latest Photoscta-pos

Latest VideosView All

Latest Web StoriesView All

Mid-Day FastView All

Advertisement