US EditionSupreme Court Demands Action Against 'Digital Dacoity'
The Supreme Court linked digital frauds of over ₹54,000 crore to negligence and collusion, directing a unified SOP and compensation framework involving RBI, banks, and telecom authorities.
8 Articles
8 Articles
Supreme Court Demands Action Against 'Digital Dacoity'
Supreme Court Demands Action Against 'Digital Dacoity' The Supreme Court has labeled the diversion of over Rs 54,000 crore via digital fraud as an alarming case of 'robbery or dacoity.' It has urged the Centre to formulate a standard operating procedure in collaboration with the RBI, banks, and the Department of Telecommunications to effectively handle such fraud cases.The court underscored its concern over the 'menace' of digital arrest scams, …
Supreme Court terms digital fraud absolute 'dacoity', seeks timely actions from RBI, banks
The Supreme Court on Monday asked the Reserve Bank of India (RBI) and other banks to take timely action in the cases of digital arrests. Describing the siphoning of over Rs 54,000 crore by digital frauds as absolute "robbery or dacoity", the top court said that such incidents couldn't have occurred without possible collusion or negligence on the part of bank officials. The court also asked the Centre to draft a standard operating procedure, in c…
Nowadays, various frauds are being committed digitally. In particular, money fraud is being committed on a large scale. In this crime, which is increasing day by day, fraudsters are digitally arresting many people, including innocent citizens. They are obtaining their bank account details from them and extorting lakhs of money. In this way, those involved in fraud are posing as police officers, judges, income tax officers and CBI officers and th…
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