J&K police uncover 7,200 mule accounts tied to cybercrime, money laundering | India News
[ad_1] SRINAGAR: A surge in mule accounts used to transfer illicit money has sparked a major crackdown in J&K, with police uncovering thousands of these fraudulent bank accounts, officials said.In 2025 alone, 7,200 mule accounts have been identified and police estimate the total number could reach 30,000, according to Srinagar SSP Imtiyaz Hussain. While the transaction volume is estimated to be in crores, the amount has not been disclosed yet.Police have arrested 21 people, including 19 from Srinagar, in connection with the scam, Hussain said Sunday.A mule account is a third-party bank account used to move money obtained through illegal means. Cybercriminals recruit people — often through social media platforms like Facebook and Telegram — to open these accounts, which remain active for just a day or two. During this time, illicit funds are deposited before the accounts are quickly […]