Hyderabad: Adilabad police on Saturday apprehended four individuals accused of facilitating the opening of mule bank accounts, which were subsequently exploited for cybercrime activities. Authorities are now intensifying efforts to locate the handlers based in Maharashtra.
Details of the Arrests
In a targeted operation against accounts linked to cybercrime, law enforcement traced 74 bank accounts. Adilabad Superintendent of Police Akhil Mahajan stated, 'After interrogating the individuals in whose names the accounts were opened, police discovered that four accused—Rajavardhan, P Akshay, Rajender, and Sheikh Sameer—played a pivotal role in this network.'
Modus Operandi
The accused allegedly approached local villagers and offered commissions ranging from Rs 5,000 to Rs 10,000 to open bank accounts. These accounts were then used to park illicit funds. Police are actively searching for two additional suspects to further unravel the case.
Financial Impact
According to police, the 74 accounts were misused to park Rs 7 crore belonging to cybercrime victims. The investigation is ongoing, with authorities collaborating across state lines to dismantle the entire network.
