What is Aadhaar-enabled Payment System Scam
AePS-Aadhaar-enabled Payment System Scam involves misuse of personal and financial information using Aadhaar cards. Aadhaar is a vital identity document in India, widely used for banking, mobile number registration, and government schemes. Unfortunately, fraudsters exploit it for malicious purposes.
Image 1 Ref.: https://www.hindustantimes.com/india-news/aeps-frauds-using-dummy-fingers-on-rise-mha-tells-parliamentary-panel-101707569008404.html
Image 2 Ref: https://economictimes.indiatimes.com/wealth/save/aadhaar-frauds-rbi-ready-with-masterplan-to-curb-aadhaar-enabled-payment-system-aeps-scams/articleshow/107554577.cms?from=mdr