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What is rent-a-bank-account scam?
short by Pragya Swastik / on Saturday, 3 May, 2025
Fraudsters are increasingly renting other people's bank accounts for criminal and fraudulent activities, putting account holders at risk of criminal charges and large financial claims. They promise account holders either 1-5% of the funds transacted via their accounts or a large one-time payment, Moneycontrol reported. Fraudsters usually approach those in dire need of money for their accounts.
read more at Moneycontrol