Overview

• Mumbai Crime Branch arrested 12 suspects after an August 12 raid that uncovered 943 bank accounts, 181 actively used to route ₹60.82 crore, with SIM cards, passbooks and devices seized from fronts DG Surge Consultancy and Pritit Logistics in Kandivali.
• Hyderabad Cybercrime Police arrested six in an online investment racket that moved about ₹1.05 crore, with funds converted to USDT and transferred to a China-based prime accused named Chen Chen, and more than 50 mule accounts identified.
• Jharkhand CID, acting on I4C analysis, identified nearly 15,000 mule bank accounts linked to interstate investment scams and arrested seven coordinators, with seizures including phones, SIM cards and banking documents.
• Punjab’s state cybercrime wing arrested four alleged mule-account operators, seized ₹10.96 lakh in cash and multiple bank instruments, and said hundreds of accounts were used to move fraud proceeds abroad via exchanges such as Binance and DCX.
• Police across states report accounts and SIMs were procured from low-income individuals for roughly ₹5,000–8,000 and used for digital-arrest, fake trading and loan scams, with advisories urging victims to report via helpline 1930 or cybercrime.gov.in.