India, Sept. 26 -- On the fated day of August 1, ex-banker Naresh Malhotra, convalescing after knee surgery, received a call on his landline phone. The 78-year-old had no idea that the shrill ring of the phone was the death knell for his lifesavings. The voice on the other end was about to drag him into an excruciating nightmare.

"The voice on the other end told me that my Aadhaar had been compromised. All my phone connections were about to be disabled. A landline had already been taken in my name in Mumbai. My Aadhaar was used for opening some fraudulent bank accounts which were involved in Rs.13000 money laundering racket and this money was used for purchasing arms for Pulwama attack," shares Malhotra.

"A person impersonating Mumbai P...