Overview

• Jharkhand CID said an I4C-led probe that began with a July 29 FIR on 40 high-value bank accounts expanded to nearly 15,000 mule accounts across multiple states.
• The CID arrested seven alleged coordinators—identified as Roshan Kumar, Prem Ranjan Sinha, Rajendra Sao, Jitendra Kumar alias Pappu, Noorez Ansari, Satish Kumar, and Ganesh Chik Baraik—and remanded them to judicial custody.
• Investigators in Jharkhand linked the suspects’ accounts to investment-fraud complaints nationwide and seized phones, SIM cards, ATM cards, passbooks, cheque books and digital records.
• Punjab’s state cyber wing arrested four suspects in an inter-state mule-account case, recovering Rs 10.96 lakh in cash along with devices and banking instruments.
• Punjab police said I4C hotspot analysis led to an FIR against 300 Punjab Gramin Bank mule accounts, with 100 traced to one Abohar location, and investigators traced money flows to crypto exchanges such as Binance and DCX and to Telegram-based fraud groups with suspected Southeast Asian admins.