According to the latest data from the National Crime Records Bureau, India reported an average of 117 economic offences per day in 2024, marking a notable increase from 86 cases daily in 2018. The data indicates that most of these offences involve frauds in the range of ₹1 lakh to ₹10 lakh (approximately $1,200 to $12,000 USD). Additionally, while smaller frauds dominate the statistics, there is a concerning trend of scams involving larger amounts, often in crores of rupees. Notably, 90% of these cases are attributed to forgery, cheating, and fraud, indicating a growing challenge for law enforcement and economic stability in the country. This surge in economic crimes raises alarms about the overall safety of financial transactions and the need for stricter regulatory measures.