India, July 3 -- In a startling disclosure during the ongoing monsoon session of the Maharashtra Legislature, the state Home Department, led by chief minister Devendra Fadnavis, revealed that over 10.7 million investors across Maharashtra were defrauded of a staggering Rs.3.18 lakh crore over the last decade.

The figures were part of a written response to Congress MLC Satej Patil, who raised concerns about the alarming rise in economic and digital frauds across the state.

Citing data from the Economic Offences Wing (EOW), the Home Department stated that 271,000 investors in Mumbai alone lost Rs.2.95 lakh crore to fraudulent investment schemes between 2014 and 2024. In the rest of Maharashtra, 10.5 million investors were cheated of Rs.22...