The Delhi High Court highlighted that cyber fraud causing financial losses undermines the trust in online transaction platforms, directly conflicting with the goals of Digital India. It emphasized that these occurrences not only erode confidence but also reduce the enthusiasm of newcomers embracing the digital landscape, thereby posing a detrimental impact on both trust and the economy.

This comment comes after the Delhi High Court refused to grant bail to a person who committed financial fraud with the help of a mobile app. The court said that in the present case thousands of people are being defrauded through cyber fraud and prima facie this case seems to be worth around Rs 140 crore.

The High Court said that this case is an example of how cyber crimes are taking place in the current digital era. In this, the accused person asks people through a link to install the fraudulent 'app' in their mobile phones and then out of greed, they install it. That person does not know much about that app. She gets duped while using it or clicking on the wrong link.

The bench of Justice Swarn Kanta Sharma said that this case clearly shows that the practice of giving short term loans on just one click and cheating people of their hard earned money has now become common. Such accused are defrauding innocent people.

In fact, a complaint was lodged with the police that the complainant might have received a message to take a loan to get the third COVID-19 vaccine dose. By clicking on it, that Rs 4200 will immediately come to his bank account. For this he will have to provide only PAN card. The victim did the same. After this the accused hacked his phone and took all the data. He started calling and threatening to blackmail the victim.