Youngsters lead cyber fraud surge in Nepal

According to a report by Nepal’s central bank, 70 percent of the suspects in cyber-enabled frauds were aged between 19 and 30 years.

In September, the Crime Investigation Bureau (CIB) arrested Pragyan Rimal, 22, and Ayush Sharma, 20, from Kathmandu for their involvement in cryptocurrency transactions, which is illegal in Nepal. An investigation is ongoing.