Fraudsters In India Cost Americans Almost $10 billion In 2022

| Updated: December 27, 2022 12:56 pm

In 2022, Indian-based phishing groups and scammers cost US citizens more than $10 billion. Federal Bureau of Investigation (FBI) data reveals that the bulk of these victims was older and that they had been defrauded of over $3 billion over the previous two years, according to media reports.

Under the guise of offering technical support or other assistance, con artists operating illegal call centres in India have been concentrating on senior folks and other Americans. In only the past 11 months, fraud involving the Internet or call centres cost Americans $10.2 billion.

According to the research, there is an increase of 47% from the previous year, when the total amount of money stolen was estimated to be $6.9 billion. The Delhi Police reported earlier this month that they had detained three men who were operating illegal call centres in the nation’s capital and cheating US senior citizens by providing them technical support for “malfunctioning” equipment.

While three of the accused were apprehended in Delhi during overnight searches, one of their collaborators was apprehended by Canadian Law Enforcement in Toronto, and the other was apprehended by the FBI in New Jersey, in the United States.

The police reported that between 2012 and 2020, over 20,000 individuals fell victim to these frauds, costing America a loss of $10 million in revenue. A permanent representative of the FBI has been sent to the US Embassy in New Delhi in light of the rise in fraud coming from India.

According to frauds reported on the FBI website, romance-related scams cost victims approximately Rs 8,000 crore in 2021 and Rs 8,000 crore in the last 11 months of this year, according to an official at the US embassy in Delhi. 

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