CBI Uncovers Rs 1 Crore Scholarship Fraud in Bhopal Involving Fake KYC

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The Central Bureau of Investigation has exposed a scholarship scam in Bhopal in which approximately Rs 1 crore was fraudulently siphoned off. The scheme involved the creation of fake accounts, incorrect KYC details, and false OTPs to illegally access scholarship funds. Investigators found that the fraud was carried out through systematic manipulation of digital verification processes. The CBI's findings point to a coordinated effort to exploit government scholarship disbursement systems.

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