Ludhiana, Nov. 17 -- In a significant breakthrough against cyber-enabled financial crime, the Punjab Police have identified over 150 active mule accounts operating across nationalised and private banks in Punjab, with the majority traced to Ludhiana. These accounts, allegedly used by cybercriminals to receive and transfer money siphoned through online frauds, prompted the state cyber cell to lodge an FIR at the cyber crime police station under the Ludhiana Commissionerate.

Senior police officials fear that the accounts could be exploited not only for online fraud but also used by organised crime groups, posing a potential threat to law and order. Acting on intelligence inputs, the Ludhiana Police have begun verifying account details and ...