New Products Digest
SEE OTHER BRANDS

Your top news on consumer products

Indians Lose Millions to Online Fraud in Early 2025

(MENAFN) In the initial five months of 2025, citizens of India were defrauded of approximately $820 million through internet-based schemes, as reported by a news agency, referencing findings from the nation’s Home Ministry.

A majority of these financial losses were linked to fraudsters operating out of Cambodia, Myanmar, Vietnam, Laos, and Thailand, according to the report.

The statistics, provided by the Indian Cyber Crime Coordination Center — a division under the Home Ministry — indicated that these scams often stem from fortified locations, allegedly under the management of Chinese syndicates.

The fraudulent operations exploit trafficked people, including Indian nationals, compelling them to deceive unsuspecting victims.

This disturbing detail was also highlighted in the coverage by the news agency.

A source within the Indian government informed the newspaper that the Foreign Ministry recently convened with Cambodian representatives in New Delhi.

The meeting aimed to formulate a collaborative strategy to address the growing threat.

During the discussions, Cambodian authorities allegedly requested precise GPS data pinpointing the scam centers within their territory to enable appropriate countermeasures.

MENAFN15072025000045017167ID1109803035


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

Share us

on your social networks:
AGPs

Get the latest news on this topic.

SIGN UP FOR FREE TODAY

No Thanks

By signing to this email alert, you
agree to our Terms of Service