Digital Arrest Scam Crackdown: Supreme Court Demands Action Against Suspicious Bank Transactions

The Supreme Court has raised serious concerns over the growing number of digital arrest scams in India, calling for greater accountability from banks and stronger safeguards to protect customers. With losses reportedly crossing ₹800 crore this year, the court has stressed the need for financial institutions to identify suspicious transactions, detect potential fraud and respond quickly when customers are targeted by cybercriminals.