Cyberabad police arrest youth for supplying mule bank accounts to cyber fraudsters

The Cyberabad Cybercrime unit arrested a 27-year-old e-commerce employee for allegedly supplying mule bank accounts and banking materials to cyber fraudsters. Police seized cash, cards, and passbooks, while probing a wider network linked to trading scams, fake jobs, and digital arrest frauds.

Hyderabad: The Cyberabad Cybercrime unit, along with the Special Operations Team (SOT), on Thursday arrested a youth for allegedly supplying mule bank accounts, which were used in multiple cyber frauds and cheating people.

The suspect, identified as Dilip Singh (27), an e-commerce employee, allegedly procured and supplied bank accounts, ATM cards, SIM cards, cheque books and other banking materials to cyber fraudsters in exchange for commissions.

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These bank accounts were further used in frauds, including trading scams, digital arrest frauds, online gaming frauds, and fake job scams.

According to T Sai Manohar, DCP, Cybercrimes, the suspect came into contact with unidentified handlers through an Instagram advertisement offering money for arranging bank accounts. Despite knowing the accounts would be used for cybercrimes, he allegedly continued supplying them for financial gain.

Police suspect the involvement of certain bank employees in facilitating the opening of accounts later used in fraudulent transactions. “Further investigation is underway to trace the larger mule account network and other suspects,” the DCP said.

Cyberabad police urged citizens not to rent or share bank accounts, ATM cards, SIM cards, or KYC documents with unknown persons, warning that mule account holders could face legal consequences.

Police seized Rs 1.02 lakh cash, mobile phones, debit cards, credit cards, bank passbooks, cheque books, and documents linked to several accounts. It was also found that 33 bank passbooks had been couriered to different States.