Updated Feb 16, 2021 | 07:59 IST
Telangana police said several dubious bank accounts have been found that were operated by fraudsters. They pay a nominal amount to the account holder in lieu of using the account. Cops say that such a loophole has exposed the Know Your Customer (KYC) mechanism done by the bank. | Photo Credit: BCCL
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Daily wage labourer said he also fears a threat to his life from his handlers
Hyderabad: The Telangana police probing the app-based loan fraud has stumbled upon shocking several details. During the investigation, cops have found nearly Rs 1 cr in the bank account of a daily-wage labourer in the national capital Delhi.