Belagavi Police Commissioner Bhushan Borase has revealed that nearly 2,900 mule bank accounts are currently active in the city and are being used for cybercrime activities.
For more details : https://www.prajavani.net/district/belagavi/mule-bank-accounts-detected-belagavi-cyber-crime-police-investigation-3823433
Speaking about the issue, he said mule accounts refer to bank accounts of unsuspecting individuals that are illegally used by cyber fraudsters to transfer or withdraw scam money. He warned that many innocent people may unknowingly get involved in such illegal activities.
In one recent case, a youth opened nine bank accounts in exchange for commission and shared the account details with cyber criminals. Fraudsters transferred around ₹80 lakh obtained through cyber fraud into these accounts and later moved the money to other accounts. The case came to light during an investigation conducted by the CEN Police.
The Police Commissioner said many youngsters are opening bank accounts in their names for small commissions and handing them over to criminals. He cautioned that allowing others to misuse bank accounts is also a punishable offence.
Borase also revealed that in another case, a youth based in Dubai opened a bank account in Belagavi in the name of a self-help group through his mother, and fraudulent money was transferred into it.
He urged citizens, especially young people, to stay alert and avoid sharing their bank account details with unknown persons to prevent becoming victims or accomplices in cybercrime.
Read also : Rs 170 Crore Boost Announced for Belagavi City Corporation
