Elvira Nabiullina called the fight against credit fraud the main task of the year at the Central Bank. People are increasingly taking out million-dollar loans and giving money to scammers, she said.

Victims of online scams are reimbursed less than 10% of stolen funds, she added. Earlier, the Bank of Russia announced the suppression of fraudulent thefts totaling 5.8 trillion rubles in 2023. The long-awaited turning point in fight against cybercriminals has not happened.