Srinagar, April 24 -- The Cyber Police in Kashmir have unearthed a major racket of "mule bank accounts" which serve as channels for the receipt and transfer of unlawfully obtained funds of cyber fraudsters, news agency Kashmir Scroll reported Tuesday.
It said such activities are part of organized fraud operations targeting vulnerable segments of the society, including homemakers, the economically disadvantaged, auto-rickshaw drivers, labourers, and local vendors.
Police said that the funds, often acquired through online fraudulent means such as investment scams, online gaming apps, phishing or identity theft, are discreetly shuffled between multiple accounts to evade detection.
Perpetrators, operating from outside the UT of Jammu and Kas...