Now Reading: Police crack two mule-account networks tied to cyber fraud
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Police crack two mule-account networks tied to cyber fraud
Delhi Police arrested two Jodhpur men accused of supplying mule bank accounts to cyber fraud syndicates. The arrests followed a complaint from a man who lost Rs 2.84 lakh in a part-time…
The Story in Brief
Delhi Police arrested two Jodhpur men accused of supplying mule bank accounts to cyber fraud syndicates. The arrests followed a complaint from a man who lost Rs 2.84 lakh in a part-time job and investment scam. Police traced Rs 1 lakh to an account held by one accused and said the account was linked to five cybercrime complaints. Four phones and a SIM card were seized.
In a separate case, Mumbai Crime Branch arrested 12 people allegedly running an international cyber fraud and money laundering network from a Goa villa. Police said the group may have moved more than Rs 500 crore through nearly 150 mule accounts, with Rs 50 crore to Rs 60 crore frozen. The network allegedly sent proceeds to Dubai handlers and is linked to at least 83 cases.
The Indian Opinion
The lazy narrative is that cyber fraud is simply a victim’s carelessness. The other exaggeration is that every account holder is a mastermind. These cases show a layered business involving recruiters, account suppliers, SIM access and overseas handlers, but the allegations still require evidence in court. The useful test is whether investigators can convert frozen funds, seized devices and the 83 linked cases into recoveries and convictions.
Sources (2): hindustantimes.com, timesofindia.indiatimes.com
This story was synthesised by AI from the 2 sources linked above.
Updated: this story now draws on 2 sources.
