Bhilai Police Register Case Against 120 PNB Account Holders Over Suspected Mule Accounts
The Bhilai Nagar Police have registered a case against 120 account holders of the Punjab National Bank (PNB) branch at Civic Center. The action was taken based on information received through the Central Government’s coordination portal.
According to the police, these bank accounts were allegedly used to launder money earned through cyber fraud. The accounts have been identified as suspected “mule accounts.”
What Are Mule Accounts?
Mule accounts are bank accounts used by cyber criminals to receive money stolen from victims of online fraud. The account holders often allow their accounts to be used in exchange for a commission. After receiving the money, the funds are quickly transferred to other accounts to hide the source of the fraud.
Police to Issue Notices
The Bhilai Nagar Police will issue notices to all 120 account holders. They will be asked to explain the transactions made through their accounts and provide details related to the suspected cyber fraud. The investigation is currently underway.
