Financial frauds refer to deceptive practices aimed at securing an unfair financial gain. They can involve various schemes, such as investment scams, identity theft, and accounting fraud. These activities undermine trust in financial systems. Legal frameworks exist to combat such crimes. Awareness and education are crucial for prevention. They pose significant risks to individuals and the economy as a whole.
India is witnessing an unprecedented rise in financial fraud, revealing the darker side of rapid digitisation. Fresh data compiled by the Indian Cyber Crime Coordination Centre under the...