Sopore Cyber Police Crack Down on ‘Mule Accounts’, Register FIR
Sopore, July 1, KNT: In a significant move against cyber-enabled financial crime, Cyber Police Station Sopore has registered an FIR against individuals allegedly involved in operating and facilitating “mule accounts”, launching an investigation to dismantle financial networks used by online fraudsters.
Officials said mule accounts are bank accounts used to receive, transfer or withdraw money generated through cyber frauds, allowing criminals to conceal the movement of illicit funds. The accounts are often exploited in scams involving fake investments, digital arrests, phishing, UPI frauds, OTP frauds and fraudulent job offers.
Police said the investigation will focus on identifying all those involved in the network and tracing the movement of money siphoned off through cyber fraud.
Issuing a public advisory, Cyber Police cautioned people against allowing others to use their bank accounts or sharing banking instruments and digital credentials, including ATM cards, cheque books, internet and mobile banking facilities, UPI IDs, debit or credit card details, OTPs, PINs and passwords.
Officials warned that individuals who knowingly or negligently permit their accounts or digital credentials to be used for routing proceeds of cyber fraud could face criminal prosecution under the relevant provisions of law.
The police advised citizens not to fall for offers of easy money or commission in exchange for permitting transactions through their bank accounts and urged victims of cyber fraud to immediately report incidents through the National Cyber Crime Helpline (1930), the National Cyber Crime Reporting Portal or the nearest police or cyber police station. [KNT]
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