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417 pc jump in cyber fraud cases in Gujarat, only 10 pc of money lost is recovered: SLBC report
417 pc jump in cyber fraud cases in Gujarat, only 10 pc of money lost is recovered: SLBC report
Between January and October 2020, a total of 16,503 complaints involving Rs 61.64 crore were registered in Gujarat. Of this, only Rs 6.03 crore have been recovered so far. December 28, 2020 11:33:48 pm
Shirke has said that the account is used only to transfer money to a different bank and mutual fund accounts held by the cooperative bank. (Representational)
While there was a 417% jump in the number of cyber fraud complaints filed in Gujarat during the Covid-19pandemic, only 10 per cent of the Rs 61.64 crore lost by Gujaratis in these frauds were recovered in the past 10 months, states the latest report from the State Level Bankers’ Committee (SLBC).