India, Nov. 23 -- The Delhi Police have arrested four persons allegedly involved in arranging mule bank accounts for funnelling and laundering proceeds of various cyber frauds across the country. They have been arrested in central Delhi.
According to the police, the accused acted as intermediaries for larger cybercrime modules and were responsible for procuring mule bank accounts, into which cheated funds were deposited in installments.
The money was withdrawn and delivered to the main fraudster, while the mule account holders retained small portions as commission.
A fraudulent credit of Rs 50,000, dated May 1, was detected in a bank account belonging to one Sameer, a resident of Delhi's Kishan Ganj area, a senior officer said.
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