Bihar Woman, Father Looted Of Lakhs Over KYC Updation Promise, 1 Arrested

According to the police, a woman lodged a complaint stating her father, with whom she holds a joint bank account, received an SMS on March 3 asking for the updation of KYC details.

A 31-year-old man was arrested from Bihar for allegedly cheating a person on the pretext of validating Know Your Customer (KYC) details and siphoning Rs 4 lakh off two bank accounts, the police said today. According to the police, a woman lodged a complaint stating her father, with whom she holds a joint bank account, received an SMS on March 3 asking for the updation of KYC details. On calling the given number, a person introduced himself as a bank executive and offered to help with the KYC updation, the complainant alleged. As soon as the woman's father gave his credentials, he got a message that his net banking password has been changed, a senior police officer said.