Fraudsters misuse PMJDY accounts - Fusion - WeRIndia

It seems that the accounts opened under Pradhan Mantri Jan Dhan Yojana (PMJDY) are being misused by fraudsters. It is revealed by complaints received in Cyber Crime Police Station in Bengaluru and CID Cyber Crime.

Cyber criminals and fraudsters are using these accounts for fraudulent money transfers. They are used as stop points. Many fraudsters have opened their bank accounts under PMJDY with fake documents. This tactic is not just helping them to open bank account immediately but also enabling them to hide their true identity from investigators.

Very recently, cops identified one such incident in Noida. They could trace the account details and found that the account was opened under PMJDY with forged documents. Fake Aadhaar card and Voter ID cards are provided by the culprits to the bank. As a result, police could not identify the true account holders. In another case, a complaint was lodged from Chennai resident and police found that it too was a PMJDY with fake documents. The victim transferred money as an advance to the said account to buy a car that he found on one of the popular websites. Later, he found that he fell prey in the hands of cyber criminals and lodged a complaint in the cyber cell.

Cyber Police say that many fraudsters are misusing the PMJDY accounts. Cyber criminals are withdrawing money from the bank immediately after the victims deposit money into their accounts. They are fleeing with the money before a complaint is lodged by the victims. These criminals are getting benefit from the PMJDY accounts as any citizen can open it with zero balance. Even though there are certain rules and regulations for these accounts, many banks are not in a position to implement them due to lack of sufficient manpower. That’s exactly where the criminals are using this weakness for their benefit. Hence, strict guidelines from the government in this regard are sought.

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