Refund in cyber frauds just 0.48 per cent in Andhra Pradesh

VIJAYAWADA: Andhra Pradesh has recorded a dismal 0.48% refund of lost money in cyber frauds to victims in 2024.

Of the total Rs 974.12 crore lost in cyber frauds that took place from January 1 to December 31, 2024, the cybercrime police stations in the 26 districts of the State have only recovered Rs 4.75 crore, which amounts to a dismal 0.48% of the total sum.

A total amount of Rs 122.94 crore in the bank accounts of cyber fraudsters has been frozen last year, and the sum will be returned to victims soon after the end of case trial, revealed police.