Investigation exposed organised network that recruited vulnerable individuals and supplied bank accounts to cyber criminals across India
The Delhi Police’s East District Cyber Police Station has dismantled an organised mule account network allegedly supplying bank accounts to cyber fraudsters across the country. Ten accused have been arrested and multiple banking instruments, POS machines and mobile phones have been seized.
The investigation began after a woman from Kerala reported losing Rs 2 lakh in a cyber fraud. Police traced the money trail to a Yes Bank account that was allegedly being used as a mule account to receive and transfer proceeds of cybercrime.
How the racket operated
According to investigators, the accused targeted unemployed and financially vulnerable individuals by offering fake job opportunities and monetary incentives.
Victims were allegedly persuaded to open bank accounts in their own names and hand over ATM cards, cheque books, registered mobile numbers and internet banking credentials. These accounts were then supplied to cyber fraudsters operating in different parts of the country.
Police said the gang used POS machines, ATM cards and mobile phones to transfer and withdraw funds while concealing the identities of the actual beneficiaries.
Major recovery and arrests
During the operation, police recovered:
- 11 POS machines
- 27 cheque books
- 17 ATM cards
- 12 mobile phones
The 10 arrested accused belong to Delhi, Uttar Pradesh and Haryana.
Investigators said further efforts are underway to identify additional associates, beneficiaries and cyber criminals who used the supplied accounts for fraudulent activities.
Police warning
Delhi Police has urged citizens not to share, sell or allow others to use their bank accounts, ATM cards or banking credentials, warning that such actions can facilitate cybercrime and may result in legal consequences.
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