‘Digital Arrests’ Are Swindling Indians Out of Millions
NegativeFinancial Markets

In recent years, a troubling trend known as 'digital arrests' has emerged in India, leading to a staggering loss of $300 million for victims. This scam, as explained by Bloomberg Opinion columnist Andy Mukherjee, tricks individuals into believing they are under investigation, often resulting in them handing over money to resolve the supposed issue. This matters because it highlights the growing sophistication of online scams and the urgent need for awareness and protective measures to safeguard citizens from such fraudulent activities.
— Curated by the World Pulse Now AI Editorial System