UPI Fraud

Gujarat police arrests 13 in Rs 632 crore cyber mule racket

via GoogleNews: investment scam India
Gujarat police arrests 13 in Rs 632 crore cyber mule racket

Gujarat Police dismantled a major cyber mule network operating across four cities—Ahmedabad, Surat, Vadodara, and Rajkot. The operation resulted in 13 arrests and uncovered fraudulent transactions worth Rs 632 crore. Cyber mules are individuals who receive stolen or laundered money into their bank accounts and transfer funds to criminal networks, often unaware they're facilitating crime. This bust highlights how organized cybercriminal gangs exploit innocent citizens as unwitting accomplices. The coordinated operation demonstrates law enforcement's growing focus on combating the financial infrastructure supporting online fraud schemes across India. Source: The Times of India.

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