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New Cybercrime Unit Established to Handle Online Financial Fraud Cases

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Juristway
May 23, 2026
1 min read
New Cybercrime Unit Established to Handle Online Financial Fraud Cases

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Authorities have launched a specialized cybercrime unit dedicated to investigating online financial fraud and digital scams. The unit will focus on phishing attacks, payment fraud, identity theft, and cryptocurrency-related crimes.

Officials stated that the initiative aims to improve response time and coordination between law enforcement agencies and financial institutions.

Experts have welcomed the move, noting that cyber fraud cases have increased significantly in recent years with the growth of digital payment systems.

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