Bengaluru (PTI): Karnataka Home Minister G Parameshwara on Tuesday said that over the last three years, people in the state have lost Rs 5,474 crore to cyber frauds, of which the police have managed to recover Rs 627 crore so far.

The minister was responding to a question from Sakleshpur BJP MLA Cement Manju in the Legislative Assembly.

"Cyber fraud has been increasing in recent times. In the last four years, about 52,000 cyber frauds have taken place in Karnataka, and the numbers are rising day by day," Parameshwara said.

He pointed out that the government had planned to curb cyber fraud by introducing an amendment to police laws. However, the All India Gaming Federation obtained a court stay on the amendment, and the matter is currently pending in the Supreme Court.

"The matter is li

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