Srinagar, April 14 -- Cyber Police Station Kashmir Zone, Srinagar has intensified its crackdown on mule bank accounts that are being used to facilitate large-scale cyber fraud and money laundering across the Valley. In a recent development, preventive legal action has been initiated against 50 individuals whose bank accounts were found involved in illicit financial activity. Two key kingpins running the racket have been arrested, while several others are currently under surveillance. Mule bank accounts-often opened or rented by locals for a commission-are being exploited by cybercriminal networks, including those operating from overseas. These accounts are used as conduits for routing fraudulently acquired money through fake investment pl...
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