In the first four months of 2024, trading scams cost Indians losses of over ** billion Indian rupees, reported across more than * cases. According to the Indian Cyber Crime Coordination Centre, Indians fell victim to online investment fraud, algorithm manipulation, gaming and illegal lending apps, OTP scams, and sextortion.
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Business Standard. (May 26, 2024). Cost of cyber fraud in India from January to April 2024, by type (in billion Indian rupees) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 28, 2026, from /statistics/1499835/india-cyber-fraud-losses-by-type/
Business Standard. "Cost of cyber fraud in India from January to April 2024, by type (in billion Indian rupees)." Chart. May 26, 2024. ÌÇÐÄÆƽâ°æ. Accessed July 28, 2026. /statistics/1499835/india-cyber-fraud-losses-by-type/
Business Standard. (2024). Cost of cyber fraud in India from January to April 2024, by type (in billion Indian rupees). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 28, 2026. /statistics/1499835/india-cyber-fraud-losses-by-type/
Business Standard. "Cost of Cyber Fraud in India from January to April 2024, by Type (in Billion Indian Rupees)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 26 May 2024, /statistics/1499835/india-cyber-fraud-losses-by-type/
Business Standard, Cost of cyber fraud in India from January to April 2024, by type (in billion Indian rupees) ÌÇÐÄÆƽâ°æ, /statistics/1499835/india-cyber-fraud-losses-by-type/ (last visited July 28, 2026)
Cost of cyber fraud in India from January to April 2024, by type (in billion Indian rupees) [Graph], Business Standard, May 26, 2024. [Online]. Available: /statistics/1499835/india-cyber-fraud-losses-by-type/
