Chandigarh Police Cracks Down on Cyber Fraud Network
In a significant breakthrough, the cyber crime police station in Chandigarh has dismantled an organised network involved in large-scale cyber fraud. Under Operation Mule Hunt, authorities arrested ten key accused individuals. These arrests connect to multiple FIRs filed for the misuse of mule bank accounts.
Scammers often use mule accounts to offload illegal money quickly. The police action targets this critical link in cyber crime operations.
How the Fraud Was Uncovered
Police received crucial information from a portal operated by the Ministry of Home Affairs. This data revealed several bank accounts within Chandigarh's jurisdiction. These accounts were linked to cyber fraud complaints registered in other states.
Subsequent analysis showed a clear pattern. The accounts served as mule accounts in various cyber frauds. These included digital arrest scams and part-time job frauds. The fraud involved illegal transfer, withdrawal, and layering of money through technical means.
Investigation Reveals Detailed Methods
During the investigation of FIRs, police identified multiple suspicious bank accounts operated by the accused. They found that the accused knowingly allowed their bank accounts to be used. In return, they received commissions.
The methods used were diverse. In several instances, proceeds from fraud were withdrawn through cheques. Money was also transferred to other accounts. Some funds were converted into cryptocurrency to conceal the money trail.
Confessions from the Accused
Accused individuals Ritik, Rythem, and Akash admitted their roles. They confessed that their bank accounts were used to receive and route fraud proceeds. Ritik disclosed that part of the money was converted into cryptocurrency using online platforms.
Akash admitted he permitted the use of his bank account for alleged crypto-related transactions. He did this in exchange for money. Police stated these acts established criminal conspiracy and active participation in cyber fraud.
Other accused, including Mohamad Danish, Charandas, and Archit, were found operating accounts used for Layer-1 transfers and subsequent withdrawals. All three admitted to allowing their accounts to be used for commission. This indicates a common pattern of mule account fraud.
Accused Mohd Toshik and Dilpreet Singh revealed that unknown persons transferred large sums into their accounts. The money was later withdrawn through cheques. Ankit and Rohan Dubay also confessed to facilitating fraudulent transactions through their bank accounts for commission.
The police have emphasised the seriousness of these crimes. They highlight the need for public awareness about mule accounts. Citizens should avoid sharing bank details with unknown entities.
