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Title : DNA Exclusive: The story of how the greed for free led to cyber fraud | India News
link : DNA Exclusive: The story of how the greed for free led to cyber fraud | India News

DNA Exclusive: The story of how the greed for free led to cyber fraud | India News

In 2018, an insurance company based in Mumbai announced that it would offer free medical insurance to those attending its health check-up camp. That is, if people get sick, the company will bear all the costs of the hospital.

In today’s DNA, Zee News Editor-in-Chief Sudhir Chaudhary analyzed the cyber fraud news from hundreds of people in Mumbai from which we should all learn not to give our identity card or government documents to an unknown company or person.

Upon learning of the project, hundreds of people came to participate in this medical testing camp. At this time, the company took the bank card, Aadhar card and canceled check of these persons from their bank and all these documents will be required to deposit the money in their bank account in future. When sitting at home and getting such a big policy for free, people wondered why not give their documents to this company.

# DNA: Analysis to save you from ‘digital fraud’ sudhirchaudhary pic.twitter.com/i1eueFvckG

– Zee News (ZeeNews) March 17, 2022

Now the company has obtained the required documents of 287 people, first taking the SIM cards of mobile phones in the name of all of them. When these SIM cards came into operation, the company applied for consumer loans from various banks and mentioned their new numbers in the application form. So the OTP was sent to their number after the bank approved the loan. With the advent of OTP in those new phone numbers, they did not even know that the company was borrowing in their own name.

# DNA: DNA testing to give ‘big price’ in the name of freebies sudhirchaudhary pic.twitter.com/HgzvvvziJa

– Zee News (ZeeNews) March 17, 2022

Later, the bank employees reached their house as they did not pay the loan installments in the bank. Only then did it become clear that the value of the ‘free’ medical examination they received was 55 crores. Lakhs of rupees.

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