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India's actual scam losses may be higher than reported: Bajpai
short by / on Saturday, 1 August, 2026
Tanla Platforms Chief Trust Officer Sunil Bajpai said on the podcast that reported scam losses are only a fraction of the actual figure. Only 7-10% of victims ever report scams, he said, suggesting that India's reported figure of ₹24,000-54,000 crore could imply real losses of ₹2.5-3 lakh crore. The Supreme Court has cited ₹54,000 crore.
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