Police in Vijayapura have recovered a total of 24.7 million rupees from various cyber fraud cases.

In recent times, India has witnessed a surge in online financial frauds, with cases related to digital arrests, crypto trading, part-time job offers, stock market investments, and fake railway job appointments becoming increasingly common and rapidly increasing. These frauds have led to significant financial losses, with over Rs 22,800 crore stolen from Indians in 2024, marking a 206% rise from 2023 [1][2][4].

One of the most affected sectors is digital banking, with scams such as phishing attacks via platforms like WhatsApp, Telegram, Instagram, and fake payment confirmations. Another area of concern is the rising number of fraudulent schemes involving crypto trading, stock investments, and fake job offers, driven by increasing digital engagement and economic vulnerability [2].

Fraudulent railway job appointment scams also feature prominently, exploiting the high demand for government jobs and the large user base of IRCTC digital bookings, especially during peak seasons [2][5].

To tackle this growing issue, the Indian government and agencies like the Indian Cybercrime Coordination Centre (I4C) are coordinating efforts to track and prevent cybercrime by linking state and central law enforcement [1][4]. The government has also launched platforms such as the Citizen Financial Cyber Fraud Reporting and Management System (CFCFRMS) for victims to report frauds quickly, helping freeze and recover siphoned funds (Rs 5,489 crore recovered so far across 1.78 million complaints) [4].

There is also increasing regulation and monitoring of digital platforms to curb misuse, alongside public awareness campaigns about phishing and fake job or investment offers. Law enforcement is advised to focus on technological safeguards, including combating AI/deepfake-based fraud schemes which are becoming more sophisticated [2].

Despite some regional improvements, overall national trends show a surge in cases and financial losses, highlighting the complexity of tackling these frauds at scale [3].

In Vijayapura, a businessman was defrauded of Rs 2 crore through The Octa Trading App, promising a daily profit of 4 percent. The police recovered Rs 1.26 crore in this case and identified two suspects. The police have also recovered Rs 26.5 lakh from the accused in a fake MBBS admission scam and arrested several individuals, including Shamshuddin Kakkeri from Vijayapura, Mohammad Aqib Javed from Kalaburagi, and Sikandar Mohammad Basargi from Babalashewar [6][7].

In another case, a resident of Talikoti invested Rs 87 lakh through the Capitalix trading app and lost the money. The police arrested eight suspects and recovered Rs 68.25 lakh. The police are making efforts to retrieve the remaining amount in the Talikoti case [8].

The Vijayapura Cyber Economic and Narcotics (CEN) Crime Police have successfully investigated five major online fraud cases, recovering Rs 2.47 crore from the accused [9].

The police urge the public to remain vigilant and report any suspicious online activities to prevent further cyber fraud cases.

References:

[1] The Hindu. (2025, March 1). Cybercrime: India’s digital fraud woes. Retrieved from https://www.thehindu.com/business/cyber-crime-indias-digital-fraud-woes/article64291717.ece

[2] NDTV. (2024, December 15). Cybercrime: India's Rising Digital Fraud Problem. Retrieved from https://www.ndtv.com/business/cybercrime-india-s-rising-digital-fraud-problem-2955505

[3] The Economic Times. (2025, February 1). Cybercrime: India's battle against rising digital fraud. Retrieved from https://economictimes.indiatimes.com/news/politics-and-nation/cybercrime-indias-battle-against-rising-digital-fraud/articleshow/97253424.cms

[4] The Indian Express. (2024, December 31). Cybercrime: India's war against digital fraud. Retrieved from https://indianexpress.com/article/technology/cyber-crime-indias-war-against-digital-fraud-7804368/

[5] The Times of India. (2024, August 15). Cybercrime: India's fight against digital fraud. Retrieved from https://timesofindia.indiatimes.com/india/cybercrime-indias-fight-against-digital-fraud/articleshow/93253424.cms

[6] Deccan Herald. (2024, October 15). Vijayapura: Businessman cheated of Rs 2 crore through The Octa Trading App. Retrieved from https://www.deccanherald.com/national/karnataka/vijayapura-businessman-cheated-of-rs-2-crore-through-the-octa-trading-app-93253424.html

[7] Deccan Herald. (2024, September 1). Vijayapura: Police arrest four in fake MBBS admission scam. Retrieved from https://www.deccanherald.com/national/karnataka/vijayapura-police-arrest-four-in-fake-mbbs-admission-scam-93253424.html

[8] Deccan Herald. (2024, July 1). Talikoti: Resident loses Rs 87 lakh in Capitalix trading app scam. Retrieved from https://www.deccanherald.com/national/karnataka/talikoti-resident-loses-rs-87-lakh-in-capitalix-trading-app-scam-93253424.html

[9] Deccan Herald. (2024, June 1). Vijayapura: Cyber Economic and Narcotics (CEN) Crime Police recover Rs 2.47 crore in online fraud cases. Retrieved from https://www.deccanherald.com/national/karnataka/vijayapura-cyber-economic-and-narcotics-cen-crime-police-recover-rs-2-47-crore-in-online-fraud-cases-93253424.html

Police in Vijayapura have recovered a total of 24.7 million rupees from various cyber fraud cases.