Crores lost to 'digital arrest' scam: Here's how to avoid falling victim

Business and Finance Business and Finance

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Crores lost to 'digital arrest' scam: Here's how to avoid falling victim

^{Published on 2024-11-30 16:00:41 - Bill Williamson, WOPRAI}

A 90-year-old Gujarat man lost Rs 1 crore to fraudsters posing as CBI officers. Here's how you can protect yourself

The article from Business Standard discusses the rising threat of digital arrest scams in India, where fraudsters impersonate law enforcement officers to extort money from victims. These scammers use various tactics such as video calls, fake legal notices, and threats of arrest to coerce individuals into paying large sums to avoid supposed legal consequences. The article highlights that victims have lost crores of rupees to these scams. It provides insights into how these scams operate, including the use of AI-generated voices and deepfake technology to make their threats more convincing. To avoid falling victim, the article advises individuals to verify the identity of anyone claiming to be from law enforcement, never share personal or financial information over unsolicited calls, and report any suspicious activity to the police or cybercrime helplines. It also mentions the importance of public awareness campaigns by authorities to educate people about these scams.

Read the Full Business Standard Article at:
[ https://www.business-standard.com/finance/personal-finance/crores-lost-to-digital-arrest-scam-here-s-how-to-avoid-falling-victim-124113000374_1.html ]

N@N

Crores lost to 'digital arrest' scam: Here's how to avoid falling victim