3 held for selling mule accounts linked to Rs 10.04 crore fraud
Hyderabad, Oct. 31 -- The Commissioner's Task Force, Charminar Zone, in coordination with the Attapur Police, arrested three members of a gang on Friday, October 30, for allegedly procuring mule bank accounts and illegally selling them to cyber fraudsters linked to Rs 10.04 crore.
The gang was busted following a tip-off that it was accessing mule bank accounts for use by cyber fraudsters, rather than the account holders, to commit offences.
Investigation revealed that the arrested accused supplied the accounts for Rs 20,000 to Rs 25,000. Police found 83 mule accounts across 22 bank branches, with 11 of them linked to 14 cyber fraud transactions involving approximately Rs 10.04 crore across multiple states.
Interrogation revealed that t...
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