Srinagar : The Cyber Police Station Sopore has registered a First Information Report (FIR) against individuals involved in the operation of “Mule Accounts.”
In a statement issued from Zonal Police Headquarters Srinagar Police said that the initiative is part its ongoing efforts to dismantle the financial networks utilized by cyber criminals and safeguard citizens from online fraud. Mule accounts are bank accounts that are exploited by cyber criminals to receive, transfer, or withdraw funds obtained through various online scams, including investment frauds, OTP frauds, and phishing schemes. These accounts serve to obscure the identities of the fraudsters and facilitate the movement of illegally acquired money. The police have initiated an investigation to identify all individuals connected to this network and to trace the flow of the fraudulently obtained funds. Police in its statement warned people abnout the serious legal implications of allowing others to use their banking credentials, Stating therein that Individuals who knowingly or negligently provide access to their bank accounts or digital credentials for the purpose of facilitating cyber fraud may face criminal prosecution under applicable laws. Police advised people against sharing their banking information or digital payment facilities in exchange for commissions or other incentives. Police also appealed pepple to report any instances of cyber fraud or suspicious financial activities through the National Cyber Crime Helpline, the National Cyber Crime Reporting Portal, or their local police stations.
