Punjab Police’s State Cyber Crime Division has apprehended three individuals in Mohali for their involvement in providing mule accounts to cyber fraudsters. These accounts are used for illegal fund transfers without the account holders’ knowledge. The arrested individuals, Gurjeet Singh, Raman Rai, and Sukhdev Singh, operated under the name “Brother Traders” in Jalalabad, Fazilka.
Police have seized around Rs 20 lakh from the gang’s bank accounts and recovered various items like ATM cards, laptops, mobile phones, SIM cards, forged documents, and cryptocurrency. The accused have reportedly earned about Rs 50 lakh in commissions over the past two years by supplying these mule bank accounts to cybercriminals. They created a fake business setup in Mohali to open these accounts using fraudulent documents.
Special Director General of Police (Cyber Crime) V. Neeraja disclosed that the gang had direct connections with Chinese nationals through Telegram for providing bank accounts and receiving profits in USDT cryptocurrency. The mule accounts were associated with 24 cyber fraud victims, with Rs 26.65 lakh held in those accounts. Investigations are ongoing to trace more victims and unravel the network’s full scope.
