Hyderabad, April 24 --  The Cyber Crime Police, Cyberabad, on Friday, April 24, busted a Rajasthan-based gang that supplied mule bank accounts to fraudsters and arrested three of its members in connection with an online investment fraud that caused a loss of Rs 78.66 lakh to a victim.

The three accused, Vikash Khokhar, 30, of Gotan, Nagaur, Phiroj Mohammad, 26, of Nagaur; and Nitish Kumar, 19, of Jagatpura, Jaipur, were operating as part of an organised interstate network that procured bank accounts, ATM cards, SIM cards and know your customer (KYC) documents from individuals and handed them over to cybercrime syndicates on a commission basis, the police said.

These mule accounts were used to receive and transfer money siphoned thr...