Online scams drain over Rs 4 billion in three years as Nepal plans anti-scam center
Nepal, Oct. 29 -- By the time victims report an online scam and police contact banks to freeze the stolen money, it is often too late. The funds have already moved, leaving victims with little chance of recovering their losses.
Now, the government is preparing to establish an integrated anti-scam center at the Cyber Bureau of Nepal Police, bringing banks, digital wallet operators and telecom service providers together to help stop fraudulent transactions before the money disappears.
The move comes as complaints filed with the bureau over the past three fiscal years involve more than Rs 4 billion in alleged scam-related losses. With online fraud becoming increasingly widespread, the bureau is also preparing to strengthen its infrastructu...
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