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The Hindu

National

S. Vijay Kumar

Former CBDT Chairman loses ₹10 lakh to fraudsters

KYC BSNL Police

A former Chairman of the Central Board of Direct Taxes (CBDT) was allegedly cheated by a gang that siphoned off ₹10 lakh from his bank account through multiple fraudulent transactions.

While the retired official claimed to have neither authorised the addition of any new payee nor shared any One Time Password (OTP) to approve the transactions, he remembers to have answered some questions when one of the suspects called him to update his KYC records to keep his BSNL mobile number active.

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