July 1, 2025

Mule accounts

Banking

‘Banking service’ for cyber criminals: Bengaluru police bust gang which operated mule accounts involved in laundering of Rs 150 crore | Bangalore News

The Bengaluru police Tuesday announced the arrests of four members of a gang allegedly involved in creating mule accounts to open shell companies for siphoning money obtained through cybercrimes. The police suspect that the gang laundered a whopping Rs 150 crore using such accounts. Police Commissioner Seemanth Kumar Singh, in a press conference, said the

Read More
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent. View more
Accept
Decline