Kathmandu, Aug. 6 -- Online fraud cases registered in the last Fiscal Year (FY) 2024/25 rose by 307 percent compared to the previous year. Data prepared by the Nepal Police shows this significant increase. In the fiscal year 2023/24, 166 cases of online fraud were registered. That number jumped to 675 in the last fiscal year, according to police records.

In terms of the amount involved, online fraud increased by 141 percent. In 2023/24, 166 cases accounted for Rs 347.2 million in fraud. However, the 675 cases filed last fiscal year involved Rs 835.9 million. During the same period, police arrested 220 people in connection with these cases, including 33 foreign nationals.

These numbers reflect only online fraud cases reported to the poli...