What is the punishment for UPI fraud?

UPI fraud is addressed under various sections of the Information Technology Act, 2000, and the Indian Penal Code (IPC). Section 66D of the IT Act, concerning cheating by using computer resources, can lead to imprisonment up to three years or a fine up to one lakh rupees, or both. Other relevant IPC sections relating to cheating and dishonest misappropriation may also apply, resulting in different potential penalties based on the specific offense.