Hyderabad police have busted a gang accused of supplying 83 mule bank accounts to cyber fraudsters for commissions. Three persons were arrested, while two suspects from Jaipur remain absconding. The accounts were allegedly used to route Rs 10.04 crore
The Telangana Cyber Security Bureau arrested 101 persons, including 18 women, in a two-week interstate operation across six States and Union Territories. Officials said around Rs 17 crore in fraudulent transactions was traced through mule accounts, with 1,172 cybercrime links identified.
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.
Karimnagar Commissionerate police arrested 12 members of a cybercrime gang involved in creating mule bank accounts used for online fraud. The arrests were made under ‘Operation Crackdown’, with the alleged kingpin among those taken into custody
Delhi Police busted two interstate cyberfraud rackets supplying mule bank accounts for online scams, arresting nine persons across four cities. The gangs used layered banking channels, social media and cryptocurrency to launder money cheated from victims nationwide
Cyberabad Cybercrime officials have arrested six members of an interstate syndicate accused of supplying mule bank accounts and SIM cards to operators of online trading scams. The gang allegedly facilitated fraud worth over Rs. 1 crore, with forensic analysis linking them to nearly 400 cases across India.
With significant increase in cases of cyber fraudsters using ‘mule bank accounts’, to dupe people, the cyber crime officials are now verifying the complicity of bank officials in important cyber fraud crimes.
