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The Hindu·4 min read·medium

Senior citizens lose ₹102 crore to cyber fraud in 19 months in Hyderabad, say police

T
The Hindu Bureau
Senior citizens lose ₹102 crore to cyber fraud in 19 months in Hyderabad, say police
✦AI Summary

Hyderabad police report that senior citizens lost over ₹102 crore to cyber fraud between January 2025 and July 2026. Common scams include trading fraud, digital arrests, and investment schemes, prompting police to warn the public against falling for these tactics.

Why it matters

The rising trend of cybercrime targeting vulnerable elderly populations highlights a critical need for digital literacy and improved financial security measures.

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Senior citizens in Hyderabad lost ₹102.02 crore to cyber fraudsters in 403 cases registered between January 2025 and July 2026, with trading frauds and digital arrest scams accounting for the bulk of the losses, according to Hyderabad Cyber Crime Police.

The data showed that 113 trading fraud cases resulted in losses of ₹55.88 crore, while 69 digital arrest cases caused losses of ₹31.93 crore. OTP frauds were the most frequent, with 115 cases and losses of ₹4.94 crore. Investment fraud accounted for 22 cases involving ₹2.79 crore.

Seven cases involving dating fraud and honeytraps resulted in losses of more than ₹70.11 lakh, with fraudsters allegedly exploiting the emotional isolation of elderly victims through fake social media and dating profiles.

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