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Cases of Banking Frauds, Financial Crimes Up in Kathmandu


Kathmandu: The District Police Range has received a maximum number of cases related to banking fraud in the last fiscal year. A total of 12,915 cases related to banking fraud and financial crime were registered in the Range in the last one year, according to the Chief of the Range, Bishow Adhikari. The Range shared that the offences related to embezzlement of cooperatives’ money, cybercrime, cheque bounce and cryptocurrency have increased. The Range has received 35 cases on average each day. Chief of the Range, Adhikari shared that a total of 140 cases of murder were received in the last fiscal year.



According to National News Agency Nepal, the growing number of financial crimes has prompted local authorities to strengthen their monitoring and investigative efforts. The police have been focusing on tackling cybercrime and other modern methods of financial fraud. The surge in these cases highlights the need for increased awareness and preventive measures among the public to protect against such crimes.



The authorities are also working closely with financial institutions to ensure better security measures are in place to prevent embezzlement and fraud. This collaboration aims to create a more secure environment for financial transactions and reduce the incidence of crime in the region.