By: M. Balram Singh | Telangana economic crimes | Hyderabad, June 8 (Maxim News): Telangana has emerged as the leading state in the country in economic crimes, according to the latest National Crime Records Bureau (NCRB) report. The data shows a sharp rise in financial offences, with the state recording an average of 108 cases per day in 2024.
The report indicates a steady increase over the last three years. Telangana registered 26,321 economic crime cases in 2022. The number rose to 26,881 in 2023. In 2024, it surged significantly to 39,127 cases.
The NCRB data highlights that this figure is much higher than the national average trend of financial crime reporting. Authorities note that a large share of cases involves frauds of smaller financial value.
In 2024, the state reported 13,294 cases involving frauds below ₹1 lakh. It also recorded 12,245 cases in the ₹1–10 lakh category. Fraud cases include 1,248 incidents in the ₹10–50 lakh range and 749 cases in the ₹50 lakh–₹1 crore range.
High-value fraud cases were fewer but still present. The report shows 170 cases between ₹1 crore and ₹10 crore. It also lists 41 cases in the ₹10–25 crore range, 3 cases in the ₹25–50 crore range, and 2 cases in the ₹50–100 crore bracket.
The NCRB further notes a rise in property-related financial offences. Telangana recorded 38,908 cases of cheating, forgery and fraud in 2024 alone, averaging 107 cases per day.
Other related crimes also remain high. The state registered 801 cases of criminal breach of trust. It also recorded 1,797 cases of bank-related cheating. ATM fraud cases stood at 968. Credit and debit card fraud cases reached 2,739.
Police action data shows gaps in enforcement. Authorities filed charge sheets in only 39.8% of cases. Nearly 19,207 cases lacked sufficient evidence. Around 60,038 cases remained pending from previous years.
Out of all registered cases in 2024, police arrested 9,542 individuals. Among them, 8,608 were men and 934 were women. Convictions were recorded for 2,134 men and 112 women.
The NCRB report points to growing challenges for law enforcement in handling financial and cyber-enabled crimes across Telangana. (Maxim News)
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