Online scams drain over Rs 4 billion in three years as Nepal plans anti-scam center
Summary
Nepal Police is preparing an integrated anti-scam center at the Cyber Bureau to stop fraudulent transactions before stolen money disappears. Complaints over the past three fiscal years involve more than Rs 4 billion in alleged scam-related losses.
Key Points
- The government plans to set up an integrated anti-scam center at the Cyber Bureau of Nepal Police, bringing banks, wallet operators and telecom companies together.
- Complaints over the past three fiscal years involve more than Rs 4 billion in alleged scam-related losses, with many victims unable to recover money because transfers happen too quickly.
- The bureau is moving to a new building in Samakhusi and plans to station 114 private-sector representatives to help freeze suspicious funds immediately.
- Nepal Police is also seeking approval to recruit more than 1,000 cyber security personnel to strengthen its cybercrime response.
