Three held in Rautahat, including Indian national, for Rs 5 million KYC-update fraud

Rautahat Police have arrested three people on charges of defrauding the public of nearly Rs 5 million on the pretext of updating KYC for banks and digital wallets. One of those arrested is an Indian national.

According to police, the accused introduced themselves as employees of banks and e-services and, on the pretext of updating KYC, gained unauthorized access to the public's bank accounts and digital wallets. They are accused of then withdrawing money from those accounts and wallets.

Police said the group was arrested as a fraud gang. They are accused of withdrawing about Rs 5 million from the accounts and wallets of defrauded members of the public.

The public is advised to remain alert about calls and messages that ask for account or wallet details in the name of updating KYC while claiming to be from a bank or e-service.