Such frauds result in not only financial loss but also a ‘blistering sense of violation’ in victims, Chief Justice of India Surya Kant says at a lecture; he says while the crimes are executed with speed and coordination, institutional response in India has been ‘fragmented and sequential’.
The CJI, who was heading a Bench which also comprised Justice Joymalya Bagchi, flagged the recent case of an old woman who was duped of her entire retirement benefits in one of such cases