Chandigarh, March 20 (IANS) Punjab Police’s State Cyber Crime Division has busted a gang involved in facilitating the opening and supply of bank accounts, commonly known as mule accounts, to cyber fraudsters for routing, layering and settlement of defrauded funds with the arrest of three persons, said Director General of Police (DGP) Gaurav Yadav here on Friday. A mule account is a bank account used by criminals to receive, transfer, or launder illicit funds without the knowledge or sometimes …
Latest USDT cryptocurrency News & Updates
Mangaluru (Karnataka), March 11 (IANS) The Cyber Crime Police in Mangaluru have arrested two persons for allegedly collecting bank accounts from members of the public under the pretext of using them for a trading business and later using those accounts for cyber fraud linked to foreign operators.During the operation, the police seized four mobile phones, 18 debit cards, 17 bank passbooks, six cheque books, 1,479.31 units of USDT cryptocurrency and a Maruti car from the accused.The arrested accus…