Plea In Supreme Court Seeks Guidelines To Curb Net Cheating Online Banking Frauds

A writ petition has been filed before Supreme Court seeking directions to the government to frame legislative policy to ensure better investigation of online banking frauds and create a specialised investigation agency to deal with such matters, stressing on necessity to get remedy to deal with increasing number of such cases.The petition seeks appropriate directions to the Centre, Reserve. A writ petition has been filed before Supreme Court seeking directions to the government to frame legislative policy to ensure better investigation of online banking frauds and create a specialised investigation agency to deal with such matters, stressing on necessity to get remedy to deal with increasing number of such cases. The petition seeks appropriate directions to the Centre, Reserve Bank of India and other banks in this regard..The plea has been filed by two petitioners, residents of Uttar Pradesh and Delhi who were victims of online fraud and have alleged that even on complaint no FIR has been registered by Delhi Police, Rajasthan Police and Uttar Pradesh Police. To highlight the 'pervasivity of the problem' the petitioners have also pointed out that the problem has also been brought up in literature and films including the recent films Jamtara' and 'the return of Abhimanyu' In support of their case, the petitioners have cited a survey by FIS, a financial services technology provider, and reported by Business Insider India which showed that 18% of Indians suffered from online banking fraud in the past year.