SRINAGAR, April 7 -- The Cyber Police Station, Kashmir Zone, Srinagar, has uncovered a vast and sophisticated network behind the creation and operation of mule bank accounts - a key enabler in large-scale cyber frauds and financial crimes.

Police said that it has identified 7,200 mule bank accounts operating from the Kashmir Valley alone, created since January 2025. As many as 21 individuals, 19 of whom belong to Srinagar district, have been arrested during the investigation of four FIRs registered by the Cyber Police.

A mule bank account is an account used to receive and transfer illicit funds on behalf of others, often in return for a commission. These accounts-belonging to individuals, shell companies, and enterprises-are primarily s...