Overview

• On June 25, the CBI conducted coordinated searches at 42 locations across Rajasthan, Delhi, Haryana, Uttarakhand and Uttar Pradesh under Operation Chakra-V.
• Investigators identified about 8.5 lakh mule bank accounts opened in more than 700 branches to facilitate digital arrest scams, impersonation frauds and UPI-based financial crimes.
• Preliminary findings suggest that some bank officials, agents and e-Mitra operators colluded with fraudsters or failed to adhere to KYC norms, customer due diligence and risk assessment requirements.
• During the raids, officers seized incriminating documents, mobile phones, bank account-opening forms, transaction records and KYC files for forensic analysis.
• Nine suspected facilitators have been arrested and a FIR lodged for criminal conspiracy, cheating, forgery and corrupt misconduct as the CBI deepens its probe