1 week ago
Bengaluru Loses Rs 558 Crore to Cyber Scams
Many people in Bengaluru lost money to internet criminals in the first seven months of 2026.
Police recorded 4,712 cybercrime cases during that period.
Altogether, victims reportedly lost Rs 558 crore.
Scammers used tricks involving investments, money transfers, one-time passwords, jobs and credit cards.
Some victims borrowed money or sold belongings after being deceived.
Police froze Rs 359 crore in accounts connected to the scams.
They also reportedly returned Rs 191 crore to victims after following legal procedures.
People are being told to report fraud quickly by calling 112 or 1930.
Bengaluru residents reportedly lost Rs 558 crore in 4,712 cybercrime cases during the first seven months of 2026.
Cybercriminals allegedly extracted an average of Rs 2.63 crore daily through more than 30 types of scams.
Stock-market investment frauds led the case count with 903 incidents, followed by online money-transfer fraud with 656 cases.
Police froze Rs 359 crore in fraud-linked bank accounts and reportedly returned Rs 191 crore to victims after legal procedures.
Authorities urged victims to report transactions immediately through helplines 112 or 1930 to improve the chances of freezing stolen funds.
- Who
- Bengaluru residents were targeted by cybercriminals, while Bengaluru police investigated the cases.
- What
- Residents reportedly lost Rs 558 crore across 4,712 cybercrime cases involving more than 30 scam methods.
- Where
- Bengaluru, India.
- When
- During the first seven months of 2026, through the end of July.
- Why
- Fraudsters used investment offers, online money transfers, OTP requests, job and review schemes, credit-card fraud and other methods to deceive victims.
Key facts
- Reported losses
- Rs 558 crore by the end of July 2026
- Cases registered
- 4,712 cybercrime cases in the first seven months of 2026
- Average daily loss
- Approximately Rs 2.63 crore
- Funds frozen
- Rs 359 crore in bank accounts linked to cyber fraud
- Money returned
- Rs 191 crore reportedly returned to victims after legal procedures
- Largest scam category
- Stock-market investment fraud, with 903 cases
- Emergency reporting
- Victims were urged to call 112 or cybercrime helpline 1930 within an hour or 90 minutes
Sources
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