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In a shocking case of identity theft and tax fraud, two Delhi residents have become victims of a large-scale GST scam worth nearly Rs 70 crore. Cyber police said that fraudsters allegedly used the PAN and Aadhaar details of the victims to create fake GST registrations and record bogus transactions i
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The total value of the GST fraud is nearly Rs 70 crore.
Fraudsters used the victims' stolen PAN and Aadhaar details to create fake GST registrations and record bogus transactions in their names.
One victim discovered the fraud while checking his income-tax account and found GST sales worth about Rs 60 crore recorded under his name.
The second victim reported that his PAN and Aadhaar details were used to fraudulently register a GST number and carry out transactions worth nearly Rs 12 crore, including bogus input tax credit claims.
The cyber police are investigating both cases, working to trace the culprits and determine how the victims' personal details were compromised.
These incidents highlight growing concerns over the misuse of Aadhaar and PAN information for fake GST registrations, a significant challenge in India's digital economy.
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