Srinagar, Jan. 8 -- Counter Intelligence Kashmir (CIK) on Wednesday carried out raids at 22 places in Valley and detained 22 persons while investigating an extensive criminal network operating mule bank accounts to launder proceeds of cyber frauds, illegal online gaming, betting rackets and other unlawful activities, said officials.

Police said that acting on credible and specific intelligence inputs, FIR under Sections 66 (C) and 66 (D) of the Information Technology Act, 2000; Sections of the Bharatiya Nyaya Sanhita, 2023, and Section 13 of the Unlawful Activities (Prevention) Act, 1967 has been registered at police station Counter Intelligence Kashmir.

Police said that during the preliminary investigation, 22 suspects operating within...