1. You must not miss to read how this man’s ITR, Aadhaar and PAN card were misused to secure loans

You must not miss to read how this man’s ITR, Aadhaar and PAN card were misused to secure loans

Do you file ITR every year? Do you have an Aadhaar card? Do you possess PAN card? If the answers to these questions are yes, then this is one story which you can't afford to miss.

By: | Updated: October 18, 2017 5:22 PM
Big fraud. (Photos from PTI and stock pics)

Do you file ITR every year? Do you have an Aadhaar card? Do you possess PAN card? If the answers to these questions are yes, then this is one story which you can’t afford to miss. It is the story of a big fraud activity showcasing deep proof of how our identity-related documents – Income Tax Return, Aadhaar Card and PAN card were misused. Reportedly, one 33-year-old Rajesh Panchal, an officer, became a victim of such a big fraud. Panchal filed an FIR at Navrangpura police station in Gujarat’s Ahmedabad against three persons under IT Act for misusing his documents, according to a report in Ahmedabad Mirror. The report says that by misusing copies of the ITR, Aadhaar and PAN documents, the fraudsters tried to secure loans from various banks in the city in the name of Rajesh Panchal. Panchal’s documents were taken by hacking his email ID and password.

What actually happened?

This big incident of fraudulent activity came to light after an alert banker called up Rajesh Panchal to verify the ITR, Aadhaar and PAN documents. Panchal received a call on Oct 7 from Cosmos bank. The bank wanted to verify his role as guarantor for someone seeking a car loan. Panchal was shocked to know this. Panchal reacted that he did not stand as guarantor for anyone. Later, the bank manager called Panchal for meeting and showed him copies of his Aadhaar card, PAN card and ITRs of two years. A person identified Kaushik Shukla had applied for a car loan and showed Panchal as guarantor.

Not only this, it was nothing less than a huge shock when Panchal got to know that his documents were misused to secure loans from seven other banks too.

Taking up the matter, police registered an FIR against the persons named Mahendra Chopra, Rajeshkumar and Kaushik Shukla, adds the report.

  1. U
    Uday
    Oct 18, 2017 at 11:46 pm
    Everyone would have quoted their PAN,Aadhar bank details in the last IT filing. It's known fact. But no one had to attach copies of these! So the question is how did the duper got access to copies? BTW, this misuse has nothing to do with Aadhar. Earlier we would provide photocopies even for getting a sim, then too it had happened!
    Reply
    1. D
      DP
      Oct 18, 2017 at 10:19 pm
      Digit India of Modiji will create more fraudsters.
      Reply
      1. Vivek Nair
        Oct 18, 2017 at 11:01 pm
        You cannot be more wrong. Did you observe that this request could not be processed, without the person's verification? In the older system, the person would have never come to know. With this integration under Aadhaar, anyone trying to create fraud in your name will be exposed. Or would you rather not know about that.
        Reply
        1. Tushar Kanta
          Oct 19, 2017 at 3:21 am
          The platform you are using to express your view is Digital too..
          Reply
        2. Vishwas Prabhudesai
          Oct 18, 2017 at 9:57 pm
          In Digital India, once PAN is linked to Aadhar and the PAN also linked to Bank Accounts, what is the need to again link Aadhar to Bank Accounts? Is it only to harass the citizens? Do politicians just nod heads to every proposal put forth by the bureaucracy, without applying mind?
          Reply
          1. Vivek Nair
            Oct 18, 2017 at 10:57 pm
            You have to remember that these are independent systems. The first time, we notified the Aadhaar system about your bank account details. The second time we are notifing the bank about our Aadhaar number. This has to be done with all the bank accounts that you have. You will observe that Aadhaar Card has only bank account registered with it. This is the primary account, where all your subsidies or account receiveabes from the government will come. There were a lot of frauds where bank accounts were opened without a persons knowedge,this will all get closed.
            Reply
            1. C
              Chavanni
              Oct 19, 2017 at 3:48 am
              Chavvani बचाने रुपया खर्च करोगे
          2. Vaman Ananth Kamath
            Oct 18, 2017 at 8:57 pm
            It needs further details before commenting on the same. It is not so easy to do such things and we would like to know how many such cases have been reported till date out of the total number of each card. The public needs to be more vigilant, instead of casual and indifferent. The media has a tendency to make mountain out of molehill to gain publicity.
            Reply
            1. R
              Reader
              Oct 18, 2017 at 6:05 pm
              A centralized and inter-linked biometric database like Aadhaar will lead to profiling and self-censorship, endangering freedom. Personal data gathered under the Aadhaar program is prone to misuse and surveillance. Aadhaar project has created a vulnerability to identi-ty fraud, even identi-ty theft. Easy harvesting of biometrics traits and publicly-available Aadhaar numbers increase the risk of impersonation, especially online and banking fraud. Centralized databases can be hacked. Biometrics can be cloned, copied and reused. Thus, BIOMETRICS CAN BE FAKED. High-resolution cameras can capture your fingerprints and iris information from a distance. Every eye hospital will have iris images of its patients. So another person can clone your fingerprints and iris images without your knowledge, and the same can be used for authentication. If the Aadhaar scheme is NOT STOPPED by the Supreme Court, the biometric features of Indians will soon be cloned, misused, and even traded.
              Reply
              1. Vivek Nair
                Oct 18, 2017 at 10:50 pm
                Freedom to do what? Do you think that without Aadhaar like system, you are not endangering freedom? Please check out the amount of data trail that you leave behind when you are using an email, surfing the web, in fact anything online. You are taking about privacy in a country where women folk have no choice but to take bath in the open. Privacy my ass, it is a first world problem. It is of utmost importyant to make sure that the subsidies reach the intended person. You denfintiely watch a lot of hollywood movies. Cloning Biometric information!!! Having the biometric information is one thing, replicating it for use on a reader is totally different ball game. After all this done, you do not think that the bank officer will not see the expensive replica being used. Not to mention that the office has to authenticate with his own bioemtic details. Just like any other piece of technology there will be dangers if you are not careful, but it solves lot of existing problems. I
                Reply
                1. Tushar Kanta
                  Oct 19, 2017 at 3:22 am
                  Dude, its a spam. He posts 3-4 same comments under every post, where Aadhar is mentioned.
                  1. C
                    Chavanni
                    Oct 19, 2017 at 3:58 am
                    Do you have in public, why don't you roam around naked we don't need small change in the name of Direct transfers and this system is broken like so many you mentioned about what are you trying to fix it is just वोट and make them squeeze your money why your money does not multiply as politicians its just a ploy to make s like you work your whole life for EMI's
                2. R
                  Reader
                  Oct 18, 2017 at 6:05 pm
                  UK’s Biometric ID Database was dismantled. Why the United Kingdom's biometrics-linked National Identi-ty Card project to create a centralized register of sensitive information about residents similar to Aadhaar was scrapped in 2010?? The reasons were the massive threat posed to the privacy of people, the possibility of a surveillance state, the dangers of maintaining such a huge centralized repository of personal information, and the purposes it could be used for, and the dangers of such a centralized database being hacked. The other reasons were the unreliability of such a large-scale biometric verification processes, and the ethics of using biometric identification.
                  Reply
                  1. R
                    Reader
                    Oct 18, 2017 at 6:04 pm
                    The US Social Security Number (SSN) card has NO BIOMETRIC DETAILS, no photograph, no physical description and no birth date. All it does is confirm that a particular number has been issued to a particular name. Instead, a driving license or state ID card is used as an identification for adults. The US government DOES NOT collect the biometric details of its own citizens for the purpose of issuing Social Security Number. The US collects the fingerprints of only those citizens who are involved in any criminal activity (it has nothing to do with SSN), and the citizens of other countries who come to the US.
                    Reply
                    1. Vivek Nair
                      Oct 18, 2017 at 10:37 pm
                      The Biometric details is what makes the Aadhaar secure. Just check out the number of frauds that happen using the US Social Security Numbers. Unless and until the person directly authorizes the transaction whether taking a loan or standing as guarantor, the transactions cannot be processed. If it is processed, it becomes the liability of the bank rather than the person.
                      Reply
                      1. C
                        Chavanni
                        Oct 19, 2017 at 4:01 am
                        Again comparing apples to oranges get your blind faith and blind folds out
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