The Counter Intelligence Wing of the Jammu and Kashmir Police discovered numerous mule accounts during raids related to a cyber terror case. These raids targeted various locations across the Valley, revealing the presence of multiple mule accounts engaged in cyber fraud and aiding terror financing. Approximately 22 locations in the Kashmir Valley were raided by the CIK based on specific information to identify individuals involved in illegal money routing for terror-related activities.
The operations were focused on dismantling these accounts that were facilitating cyber frauds and financing terrorism. Authorities aimed to disrupt the network responsible for unlawfully moving money, which was subsequently utilized for supporting terror activities. The recent crackdown on Virtual Private Networks (VPN) in the region is part of heightened security measures to counter online activities linked to terror funding and infrastructure development.
The intensified security measures come amidst efforts by the ISI to revive local terror cells in Jammu and Kashmir, necessitating a dedicated module within the region. In response, security has been bolstered both on the ground and in cyberspace, including the prohibition of VPN usage. Intelligence reports indicate increased online activity by ISI-backed elements utilizing mule accounts to transfer funds for terror-related purposes and rebuilding support networks in the Valley.
Authorities have identified and taken action against individuals violating the VPN ban, with a focus on preventing the misuse of mule accounts for illicit financial transactions. The National Investigation Agency (NIA) is investigating potential links between recent terror attacks and funding through mule accounts, highlighting the complex nature of tracking such transactions. Efforts are underway to combat this financial network, with the introduction of advanced AI technology to detect and counter mule account activities across banking institutions nationwide.
