Supreme Court tightens rules to curb 'digital arrests', RBI to frame SOPs to deal with mule bank accounts
India, Aug. 5 -- The Supreme Court on Tuesday stepped up its oversight of the country's battle against the growing menace of "digital arrest" scams, issuing a fresh set of nationwide directions aimed at plugging systemic gaps in cyber fraud investigations, speeding up the restoration of victims' money and strengthening preventive mechanisms. Among its key directions, the court asked the Reserve Bank of India (RBI) to frame within four weeks a standard operating procedure (SOP) for dealing with mule bank accounts used to launder proceeds of cyber fraud, directed all states to operationalise cyber fraud grievance redressal and money restoration systems, called for the adoption of the e-Zero FIR mechanism across the country, and asked the Ce...
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