CBI Books Former Punjab & Sind Bank Branch Heads in ₹1,621 Crore Mule Account Scam

CBI books former Punjab & Sind Bank branch heads in ₹1,621 crore mule account scam

The agency found that several individuals arranged forged and fabricated KYC documents, false rent agreements, and other fabricated supporting documents used for opening these accounts.

Rs 1,000-Crore Illicit Funds Routed Via Mule Accounts, CBI Charges 19

The CBI has registered an FIR against a branch head of Punjab & Sind Bank andThe CBI has registered an FIR against a branch head of Punjab & Sind Bank and 18 others for allegedly opening mule accounts which were used to conceal and layer funds over R

Rs 1,000-crore illicit funds routed via mule accounts; CBI books bank's branch head, 18 others

New Delhi, Jan 16 (PTI) The CBI has registered an FIR against a branch head of Punjab & Sind Bank and 18 others for allegedly opening mule accounts which were used to conceal and layer funds over Rs 1,000 crore generated from cybercrime and other illicit activities, officials said Friday. The agency has taken action on the basis of its preliminary enquiry, which exposed 13 mule accounts opened in the names of non-existent companies using forged …