Odisha

Odisha Sees Alarming Rise in Online Trading Scams, 40,270 Duped in 2024

Bhubaneswar: Online trading scams have surged dramatically in Odisha over the past two years, with 40,270 people falling victim in 2024 alone, Chief Minister Mohan Charan Majhi revealed in the state Assembly on Monday.

Responding to queries raised by Congress MLA Tara Prasad Bahinipati, the Chief Minister provided detailed statistics on the rising cases. According to his written statement, the number of victims remained relatively low from 2019 to 2021, with 18 cases in 2019, 28 in 2020, and 22 in 2021. However, 2022 marked the beginning of an upward trend with 105 cases reported.

The situation escalated in 2023, with 18,994 people being duped in online trading scams. This alarming rise culminated in a record-breaking 40,270 cases reported in the first ten months of 2024, indicating a sharp and concerning increase in fraudulent activities.

Bureau The News Hashtag

Recent Posts

Bankatira Barrage Project Moves Ahead as Land Acquisition Enters Compensation Stage

Bhubaneswar: The long-pending land acquisition for the Bankatira Barrage Project across the Budhabalanga River in…

3 days ago

Odisha Revenue Secretary Calls for Zero Tolerance Towards Corruption After ORS Officer Caught by Vigilance

Bhubaneswar: Calling the recent bribery allegation against a young Odisha Revenue Service (ORS) officer a…

3 days ago

Odisha Partners with Paradeep Phosphates to Upgrade Farmers Training School in Bhubaneswar

Bhubaneswar: The Odisha Government has partnered with Paradeep Phosphates Limited (PPL) under a Public-Private Partnership…

3 days ago

Odisha Labour Minister Calls for Stronger District-Level Monitoring of Labour Welfare Schemes

Bhubaneswar: Odisha Labour Minister Ganesh Ram Singkhuntia has directed field officers of the Labour Directorate…

3 days ago

Odisha to Set Up Agri-CEVA to Promote Value-Added Rice and Millet Products

Bhubaneswar: Odisha plans to strengthen its rice and millet value chains through a dedicated processing…

3 days ago

Israel–Odisha Startup Collaboration Gains Momentum at Bhubaneswar Roundtable

Bhubaneswar: Exploring avenues for international business partnerships and technology exchange, Startup Odisha and the MSME…

3 days ago