Crackdown on cyber fraud: 13 persons, including two bank officials, six mule bank account holders arrested in Karimnagar

Crackdown on cyber fraud: 13 persons, including two bank officials, six mule bank account holders arrested in Karimnagar

Crackdown on cyber fraud: 13 persons, including two bank officials, six mule bank account holders arrested in Karimnagar

137 cr diverted to China through mule accounts of RBL Bank in Telangana

Hyderabad: Thirteen people have been arrested in connection with a major cybercrime and hawala scam that has been unearthed at the RBL Bank’s branch in Karimnagar, where fake accounts were found to have been opened to divert funds through seven mule accounts, to perform transactions amounting to Rs 137 crore for Chinese nationals. Among the 13 people arrested were seven employees of RBL Bank, including the Kisan Nagar branch manager. Also ReadHy…

Crackdown on cyber fraud: 13 individuals, together with two financial institution officers, six mule checking account holders arrested in Karimnagar

Karimnagar Police Commissioner Gaush Alam presenting the accused within the cyber fraud case earlier than the media in Karimnagar on Friday. The Karimnagar police have busted an organised cybercrime community by arresting 13 members of the cyber fraud syndicate, together with two financial institution officers and 6 mule checking account holders, allegedly linked to unlawful monetary transactions to the tune of a staggering ₹138 crore. These arr…

Mule Accounts Scam Busted in Telangana: ₹137 Crore Fraud Exposed, 13 Arrested

Karimnagar mule accounts scam busted with ₹137 crore fraud, 13 arrested, police probe bank employees and cryptocurrency links.