Hyderabad Businessman Reports Identity Theft for Bank Fraud

A businessman in Hyderabad found out that someone used his Aadhaar and PAN cards to open a fake bank account.

This account was used to move a lot of money (Rs.5.12 crore) from a government organization in Karnataka.

The businessman didn't know about this until he got a notice from the income tax department.

He thinks some people, including the chairman of a cooperative society, are involved in this fraud.

The police are investigating, and earlier this year, some properties were seized related to this case.

The fraud started when the organization's bank account was moved to a different branch, and then a lot of money was taken out and put into fake accounts.