Online fraud continues to affect Indian consumers, but recovering money after a scam remains a major challenge. According to the GSMA India Consumer Scam Report 2026, 67% of victims who lost money did ...

Nearly 67% of Indian scam victims who lost money recovered nothing, while 33% of reported cases remain unresolved. From ...

According to the FBI, American nationals lost around $50 million to one network of online scammers based in India.

According to the GSMA India Consumer Scam Report 2026, 12 per cent of respondents surveyed in India said they had been scammed in the past 12 months, up from 10 per cent in the 2025 edition, a rise of ...

In 2026, 67% of Indian scam victims recovered no money, with online shopping, job, and lottery scams being the most prevalent ...

The GSMA study shows gaps in scam resolution in India, with one in three reported cases unresolved, and money recovery ...

India freezes millions in assets tied to jailed Coinbase scammer, the MAS says Tokenize Xchange may have commingled customer funds and more. Members of the crypto community in the Philippines say ...

MUMBAI, July 17 (Reuters) - Indian markets regulator on Friday issued a warning, opens new tab against a cyber fraud involving impersonation of CEOs and other senior executives ‌of companies to trick ...