Home / Crime and Justice / Mumbai Police Nab Cyber Fraud Mule Account Ring
Mumbai Police Nab Cyber Fraud Mule Account Ring
22 Aug
Summary
- Mumbai Police busted an interstate racket supplying mule bank accounts.
- Over Rs 125 crore was routed through 17 bank accounts recently.
- Three suspects arrested, accused of targeting vulnerable individuals.
An extensive interstate racket, facilitating cyber fraud through mule bank accounts, has been apprehended by Mumbai Police. The operation, conducted by the Dongri Police cyber cell, uncovered that over Rs 125 crore was channeled through a mere 17 bank accounts within a short period of one to two months.
Authorities have identified 110 such accounts, with 17 directly connected to 38 cybercrime complaints filed across multiple Indian states. Three suspects from Madhya Pradesh have been arrested, while efforts continue to locate five other identified individuals involved in the scheme.
Investigations revealed that the accused targeted financially vulnerable people, convincing them to open bank accounts in exchange for small payments. The arrested individuals then took control of these accounts, using them to launder illicit funds generated from cyber fraud activities.
