Bhubaneswar, Sept. 11 -- The Cyber Crime and Economic Offences (CC & EO) of Odisha Police have busted an organised mule-account network allegedly used to route and withdraw proceeds of cyber-enabled investment fraud, arresting four persons.
Those arrested were identified as Prakash Sharma, Sunny Barve, Prasanna Kumar Nag and Jubaraj Deep.
Police said the accused allegedly procured bank account credentials and routed cheated money through accounts opened in the names of business entities, including Samaleswari Enterprises, Maa Samaleswari Agro Enterprises and Maa Agro Enterprises.
The funds were allegedly layered through multiple accounts, withdrawn in cash and passed on to successive handlers.
Investigators also found that foreign-route...