Trinamool Congress MP Kalyan Banerjee on Saturday said that he had lost nearly Rs 57 lakh after cybercriminals gained access to his State Bank of India account using forged Know Your Customer documents, NDTV reported.

Banerjee said that the account had been dormant.

KYC, or Know Your Customer, is a regulatory process that financial institutions use to verify the identity of their customers before allowing access to services like opening bank accounts, investing, or using digital wallets. Customers have to submit documents such as Aadhaar, PAN card, photograph, and biometric data.

“My photo was superimposed,” NDTV quoted the Lok Sabha MP from West Bengal’s Serampore as saying. “PAN and Aadhaar were used wrongfully. Using that account, nearly Rs 57 lakh has been siphoned from my acc

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