Sopore, July 01 (KNS) : In a significant action against cyber-enabled financial frauds, the Cyber Police Station Sopore has registered a First Information Report (FIR) against individuals involved in operating and facilitating “Mule Accounts,” official sources said on Wednesday.
The crackdown is part of Jammu and Kashmir Police’s sustained drive to dismantle the financial networks leveraged by cyber criminals and to safeguard citizens from online frauds, they said.
Official sources told KNS that a mule account is a bank account—either knowingly or unknowingly made available to cyber criminals—for receiving, transferring, or withdrawing money obtained through online frauds. Such frauds include investment scams, digital arrest scams, OTP frauds, UPI frauds, job scams, phishing, and other cyber crimes. These accounts, they added, are used to conceal the identity of fraudsters and facilitate the movement of illegally obtained funds.
Sources said the Cyber Police Station Sopore has taken cognizance of such activities and initiated legal action by registering an FIR. “Investigation is underway to identify all persons involved in the network and trace the flow of fraudulently obtained funds,” they added.
Meanwhile, Sopore Police has issued a strong advisory cautioning the public that allowing anyone to use one’s bank account, ATM card, cheque book, internet banking, mobile banking, UPI ID, debit/credit card, OTP, PIN, passwords, or any other banking credentials is a serious offence.
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“Any person who knowingly or negligently provides his or her bank account or digital credentials for receiving or transferring proceeds of cyber fraud may also face criminal prosecution under the relevant provisions of law,” police warned.
The public has been advised never to share their bank account, banking credentials, or digital payment facilities with any person in return for commission, easy money, or any other inducement. Citizens have also been urged to immediately report any cyber fraud or suspicious financial transaction through the National Cyber Crime Helpline 1930, the National Cyber Crime Reporting Portal www.cybercrime.gov.in, or the nearest Police Station/Cyber Police Station.
Reiterating its commitment to taking strict action against cyber criminals and those facilitating cyber fraud through mule accounts, Sopore Police said such enforcement measures will continue to safeguard the public and strengthen the fight against cyber-enabled financial crime. (KNS)