Overview
- Chief Minister Devendra Fadnavis revealed on July 3 that over 1.07 crore investors lost ₹3.18 lakh crore to phony schemes in the past ten years.
- Mumbai alone suffered ₹2.95 lakh crore in losses affecting 2.71 lakh investors, while the rest of the state accounted for ₹22,552 crore in fraud against 1.05 crore people.
- Between 2016 and 2025, Maharashtra cyber police registered 46,321 financial fraud cases involving more than ₹11,000 crore.
- The state has set up 50 exclusive cybercrime police stations and established Financial Intelligence Units under every commissionerate and district.
- Authorities are deploying advanced technologies and urging upgrades in investigative capacity and public awareness to combat evolving digital fraud tactics.