This story is from June 13, 2021

Hyderabad: Miscreants modify PAN details, cheat banks & customers

A government school teacher got a shock of his life when he applied for a loan with a private bank. His application was rejected, citing bad CIBIL score. When he verified his CIBIL report, his shock turned to worry. He immediately approached police, complaining that his Permanent Account Number (PAN) details in CIBIL report were incorrect and he suspected someone had modified it.
Hyderabad: Miscreants modify PAN details, cheat banks & customers
Representative image
HYDERABAD: A government school teacher got a shock of his life when he applied for a loan with a private bank. His application was rejected, citing bad CIBIL score. When he verified his CIBIL report, his shock turned to worry. He immediately approached police, complaining that his Permanent Account Number (PAN) details in CIBIL report were incorrect and he suspected someone had modified it.
The complainant, M Vijay, said his name and address in the CIBIL report were modified by unidentified miscreants.
Using the modified details, the person had applied for an automobile loan and consumer loan of Rs 1.80 lakh and Rs 21,490 respectively.
“As per CIBIL report received on May 19, 2021, I came to know that my personal and PAN details were changed. Except PAN number, my name and address were changed. A few days ago, when I checked with income-tax department, the officials clarified that as per their records my PAN details remained unchanged. However, some of my details are incorrect with CIBIL records,’’ Vijay told TOI.
In December last, he had applied for a loan at a private bank and submitted his PAN card photocopy, job ID card, pay slip and bank statement. Again last month, he applied for another loan. He, however, got the shock when the bank staff rejected his application, citing bad CIBIL score.
Apart from this unusual complaint, police said in the recent past at least five cases were registered wherein the miscreants applied for loan without the knowledge of victims by sharing Aadhaar, PAN and other ID proofs without making any modification in credentials to the banks.
“The fraudsters, giving their own phone number and bank account details, applied for loans and even got it sanctioned by submitting ID proofs of victims. Later, they turned defaulters. Since the address proofs of the documents has victims’ address, banks have been asking victims to return the money. We are investigating these cases,’’ assistant commissioner of police (cyber crime) KVM Prasad told TOI.
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