Overview
- Court-approved searches covered Srinagar, Budgam, Shopian and Kulgam, with phones, laptops, storage devices and financial papers seized.
- The action followed an FIR based on intelligence about a syndicate channeling proceeds from phishing, fake investment apps, online extortion and illegal online betting and gaming.
- The network allegedly used a broad mule-account ecosystem, exploiting accounts opened in the names of poor, unemployed or unsuspecting individuals to park and layer funds.
- Twenty-two suspects have been detained for questioning as transaction patterns are examined for organised-crime ties and possible terror-financing trails.
- Officials say the probe may uncover a larger network beyond Jammu and Kashmir with potential cross-border links, and warn that claims of unknowing participation may not prevent legal consequences.