New Delhi, June 15 -- In a major success against cyber-enabled financial crimes, the Delhi police have arrested two accused for operating mule bank accounts used in cyber frauds and recovered mobile phones and crucial digital evidence.

As per the official release, the Cyber Police Station of Shahdara District has busted an online investment fraud racket and arrested two accused persons who were facilitating cyber fraudsters by providing and operating mule bank accounts.

These accounts were used to transfer and conceal fraudulently obtained money. The network has been linked to cyber fraud transactions amounting to approximately Rs 1.56 crore.

An e-FIR registered on April 9 under Sections 318(4), Sections 319 and Sections 340 of the Bha...