Bhubaneswar, Sept. 11 -- The Balangir Cyber Crime and Economic Offences (CC & EO) Police Station has busted an organised mule-account network allegedly used to route and withdraw proceeds of a cyber-enabled investment fraud and arrested four persons in connection with the case, Odisha Police sources said on FridayThe arrested accused have been identified as Prakash Sharma, Sunny Barve alias Jocker, Prasanna Kumar Nag and Jubaraj Deep.
According to police, the case involves fraudulent proceeds amounting to Rs 35 lakh, which had been flagged through the Indian Cyber Crime Coordination Centre (I4C).
Investigation revealed that the fraud proceeds were allegedly routed through bank accounts opened in the names of business entities, including S...