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India police crack down on multi-state cyber fraud and mule account networks
Law enforcement agencies across India are intensifying crackdowns on organized cyber fraud networks that utilize mule bank accounts to launder stolen funds.
In Delhi, the Dwarka District Police dismantled a multi-state syndicate linked to 89 cybercrime complaints involving approximately ₹83.23 crore. Six suspects were arrested, and police recovered 109 checkbooks and 12 mobile phones. Investigators identified a network where accounts were opened under false pretenses, such as fake job offers, to move illicit money through various banks including Yes Bank, Federal Bank, and SBI.
In Telangana, the Cyber Security Bureau conducted operations in Khammam, arresting two individuals for providing 10 mule accounts used to facilitate fraud. The bureau identified 121 mule accounts across 30 branches and noted that some accounts were used for illegal online gaming transactions linked to Chinese operators via Telegram. Total transactions linked to the Khammam investigation reached ₹7.84 crore.
In Indore, police uncovered a scheme where bank accounts were being traded for profit. One account, originally opened for ₹2,000, was reportedly resold multiple times, eventually reaching a price of ₹10,000, to facilitate the conversion of USDT into Indian Rupees for fraudulent purposes.
Entities
Chetan Sehrawat · Delhi Police · Indore · Khammam · Telangana Cyber Security Bureau
Claims
What the coverage asserts, and how many sources carry each claim.
- [○ 1 SOURCE] Six individuals were arrested in connection with the Delhi cyber fraud network. www.indiatv.in
- [○ 1 SOURCE] Delhi Police uncovered a multi-state cyber fraud syndicate involving 89 complaints and approximately ₹83.23 crore. www.indiatv.in
- [○ 1 SOURCE] Investigations in Khammam identified 121 mule accounts across 30 bank branches. www.bhaskarhindi.com
- [○ 1 SOURCE] Police seized 109 checkbooks and 12 mobile phones during the operation. www.indiatv.in
- [○ 1 SOURCE] In Indore, bank accounts were being sold for profit, with one account increasing from a ₹2,000 purchase price to ₹10,000. navabharat.com
- [○ 1 SOURCE] Mule accounts in Khammam were used for illegal online gaming payments linked to Chinese operators via Telegram. www.bhaskarhindi.com
- [○ 1 SOURCE] The Telangana Cyber Security Bureau arrested two individuals in Khammam for providing 10 mule bank accounts to facilitate cyber fraud. www.bhaskarhindi.com