BENGALURU: With 1.25 lakh people having lost their money to Ponzi scams in Bengaluru in the last decade, new police commissioner Alok Kumar on Monday said preventing such fraudulent schemes will be one of his priorities. Kumar, a 1994-batch IPS officer who is from Saharsa in Bihar, took charge as the 32nd police commissioner of Bengaluru on being promoted on Sunday. His predecessor T Suneel Kumar was posted as additional director general of police (recruitment). Alok Kumar, 50, who served as additional commissioner (crime, Bengaluru city), was handpicked by chief minister HD Kumaraswamy over a dozen IPS officers. His appointment comes at a time when the city has been rocked by a series of Ponzi scams, which flourished because of support from some unscrupulous police officers. Asked about the challenges before him, Kumar told mediapersons nearly 1.25 lakh persons in Bengaluru have become victims of Ponzi scams and that a coordinated approach would be adopted to tackle the menace. “Police do not have powers to take preventive measures against persons running Ponzi schemes. We will create public awareness, hold discussions with officials and take action,” he said. Asked about increasing cybercrimes, Alok Kumar said establishing cyber economic and narcotic (CEN) police stations across the city is one solution. “There is a already proposal with the government and we shall pursue it,” he said.