Over 30,000 people have fallen victim to various investment scams in major cities in the last six months, with financial losses surpassing Rs 1,500 crore, revealed a report by the Ministry of Home Affairs’ cyber wing. The scams mostly targeted individuals between the age of 30 and 60 years old, and the cities which hit the most included Bengaluru, Delhi-NCR and Hyderbad accounting for almost 65 per cent of all the cases.
The report, which was made by the Indian Cyber Crime Coordination Centre (I4C), pointed out to Bengaluru being the city suffering the biggest financial damage, accounting to more than a quarter (26.38 per cent) of the total losses. The report found out that such big cities have become the main target for cybercriminals looking for unsuspecting investors.
When the ministr

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