Telangana Police facilitate ₹139.68 crore refund to 24,189 cyber fraud victims this year
The Telangana Police have successfully facilitated the refund of nearly ₹140 crore to over 24,000 cyber fraud victims this year. Authorities are utilizing the Money Restoration Module and Lok Adalat mechanisms to expedite fund recovery without requiring lengthy court processes.
Why it matters
Efficient cybercrime recovery mechanisms are critical as digital fraud rates rise, providing a model for other regions to follow.
Telangana Police have facilitated the refund of ₹139.68 crore to 24,189 cyber fraud victims so far this year, with the Telangana Cyber Security Bureau (TGCSB) using the Lok Adalat and Money Restoration Module (MRM) mechanisms to speed up the recovery of defrauded money.
During the recently held National Lok Adalat, the TGCSB, in coordination with the Telangana State Legal Services Authority, banks, digital payment service providers and police units across the State, facilitated refunds totalling ₹42.28 crore to 3,896 victims.
Cyberabad topped the list with ₹14.19 crore being refunded to 942 victims, followed by the TGCSB with ₹10.55 crore to 41 victims. Malkajgiri facilitated ₹5.27 crore to 1,024 victims, while Hyderabad refunded ₹5.02 crore to 530 victims. Suryapet facilitated ₹76 lakh to 34 victims.
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