Paytm KYC update racket busted by Cyber Crime Police

Cyber Crime Police has busted a Paytm KYC update racket and arrested a five-member gang for duping innocent people of their money on the pretext of updating KYC of PAYTM accounts. The police seized an amount of Rs 1,47,000 from the accused.

Hyderabad:The Cyber Crime Police of Cyberabad has busted a Paytm KYC update racket and arrested a five-member gang for cheating innocents to the tune of lakhs of rupees in the pretext of updating KYC of PAYTM accounts. The arrested members - Nanku Mandal, Rajesh Mandal, Shiva Shakti Kumar, Gaurav Kumar and Dilkush Kumar Singh - all belong to the state of Jharkhand. Police seized six mobile phones, two Aadhar cards, three debit cards, other documents and a cash amount of 1,47,000 from the accused.

KYC update racket

The police were acting on a complaint from a victim who had been duped of Rs 4,29,360 by the gang.

KYC update racket

Following the arrest of this gang, the police have issued an advisory asking the people to remain vigilant. The advisory requests people not to believe messages or calls asking to update KYC details of their PayTM accounts or any other accounts. The advisory also cautions people not to reveal their account details to anyone.