Frauds Must Be Nipped in the Bud!

Nowadays, both in public and online spaces, various forms of financial fraud are on the rise. From Multi-Level Marketing (MLM), magnetic beds, and emu farming to recent large-scale scams like Aarudhra and Neomax, the list keeps growing. Cybercrime frauds are also occurring in different ways.
Even when these frauds are exposed, fraudsters continue to deceive people through new methods. They don’t stop after committing fraud once. Even after being arrested and jailed, they come out on bail or after serving their sentence, only to engage in another type of fraud. One of the main reasons for this is that the public is not paying attention to the awareness campaigns conducted by governments and the Reserve Bank. Moreover, those involved in fraud have not yet been given severe punishments.
The Chennai High Court has strongly expressed concern over such frauds. While hearing a Rs. 13 lakh fraud case, Justice A.D. Jagadish Chandra remarked, "Frauds continue. In hundreds of fraud cases, despite court orders, the police have kept them pending without action. The victims are forced to approach the courts repeatedly, seeking relief, which is very painful."
When the Economic Offences Wing or the police delay cases, victims are further deceived, which is why they knock on the doors of the courts. People have deep faith in the courts as the place where they are sure to receive justice. However, only those who have the financial means and time to fight cases can approach the courts. How can ordinary, poor people who have lost their hard-earned money to fraudsters seek justice? It’s not feasible for everyone to approach the courts for every grievance.
It is the duty of the government to control economic crimes, protect people from fraudsters, and ensure justice for the victims. The police, in particular, should take swift action to ensure that victims receive justice. Additionally, it is essential that law enforcement agencies use intelligence to monitor fraudsters from the very beginning and take preventive measures to stop crimes. This must be done urgently and decisively.