Overview
- A sealed report shown to the court estimates roughly ₹3,000 crore has been siphoned from victims in India, with seniors heavily targeted.
- A bench led by Justice Surya Kant appointed senior advocate NS Nappinai as amicus curiae to recommend safeguards and enforcement steps.
- The court said it would issue stringent directions to strengthen agencies and listed the matter for further hearing on November 10.
- The justices indicated investigations may be consolidated under a single agency, with the CBI viewed as the likely nodal body.
- Officials told the court that fraud networks use AI-morphed videos, forged court and ED orders, WhatsApp calls, and offshore ‘scam compounds’ that are difficult to trace.