Parliament Panel Proposes ID-Based Tracking to Combat Cyber Frauds

Imagine someone steals money online.

The government wants to make it harder for them.

A panel suggested using ID cards (like your Aadhaar or tax ID) to follow the money trail.

They want to freeze or block accounts used for these scams.

This should stop criminals from spreading the money across many accounts.

Banks think this will be hard to do.

Experts want better rules and tools to catch these scams.

It's like creating a detective team to catch the bad guys.