Overview

• The Standing Committee on Home Affairs, chaired by Radha Mohan Das Agrawal, concluded two-day hearings with DFS, FIU-IND and CBI, confirming low official fraud rates even as digital arrest scams surged.
• A CBI-led operation uncovered 850,000 suspicious mule accounts across 743 bank branches, triggering nationwide raids and the arrest of ten individuals last week.
• FIU-IND data show digital arrest and related cybercrime cases climbed twenty-onefold from 2022 to 2024, with losses exceeding ₹1,935 crore.
• MPs pointed to only two convictions from over 2,000 cybercrime cases in Mumbai during the past four years and urged legal reforms to boost accountability and convictions.
• Lawmakers called for expanded financial and digital literacy drives in rural India to help vulnerable Direct Benefit Transfer beneficiaries detect phishing and impersonation scams.