Gujarat Cyber Fraud Soars: Rs 16.6 Lakh Lost Hourly to Investment Scams

• Gujarat, with 1 crore investors, faces massive cyber fraud, losing Rs 564.77 crore in 11 months.
• Investment scams account for 42% of the state's total cyber losses, averaging Rs 4.34 lakh per victim.
• Fraudsters swindle Rs 16.6 lakh every hour through methods like 'digital arrest', investment schemes, and task fraud.
• 'Digital arrest' (impersonating police) causes highest per-person loss at Rs 15.46 lakh.
• Experts advise caution: avoid unknown investment groups, suspicious links, and enable 2FA to prevent scams.

Why It Matters: Gujarat sees alarming cyber fraud, especially investment scams, with Rs 16.6 lakh lost hourly; vigilance is crucial.