• Source:JND
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Cyber criminals reportedly duped an average of Rs 22 lakh daily in Ghaziabad district since the start of last year, with the police managing to recover around Rs 5.5 lakh daily. According to the police report, share trading fraud emerged as the biggest means of scam in cyber crime cases, followed by Telegram task-related frauds and digital arrests.  

As many as 244 cases of share trading fraud have been registered between January 2022 and April 2023. Cyber thugs lure people, especially women and senior citizens, by promising quick profits through fake mobile apps, websites or social media platforms. The cyber criminals gain trust by showing initial profits and then suddenly cut off contact after the victims invest large amounts. By the time the victims realise they've been duped, the cyber criminals have diverted the money to multiple accounts.

Police registered a total of 448 cases of cybercrime, involving a staggering Rs 109 crore in defrauded amounts, out of which Rs 26.48 crore has been recovered. A major portion of these cases involved share trading fraud, with 244 cases reported and Rs 77.36 crore defrauded. 

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Telegram task fraud is another prevalent type, with 99 cases and Rs 15.98 crore defrauded. Digital arrest cases have also been reported, totalling 30 cases and Rs 5.34 crore defrauded. Other types of cybercrime cases include duplicate email/hacking, crypto trading, phone hacking, loan fraud, sextortion and insurance policy fraud, highlighting the diverse range of tactics employed by cybercriminals.

Precautions To Avoid Cyber Crime

To avoid falling prey to cybercrime, the police advise:

- Investing only through SEBI-recognised brokers or platforms

- Avoiding fake apps, websites, or social media accounts

- Not clicking on links from unknown numbers

- Not sharing OTP, password, bank details, or Aadhaar number with anyone

- Activating two-tier security features on online accounts

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The Cyber Crime Police Station has recovered over Rs 26 crore and arrested several accused. ADCP Crime Piyush Kumar Singh urges the public to verify the authenticity of platforms before investing.