Punjab’s cyber warriors struck gold on March 20, busting an international mule account racket that funneled scam money through bogus bank accounts. Three arrests mark a pivotal win against money laundering tied to overseas fraudsters.
These culprits mastered deception, using counterfeit papers to set up sham firms and open conduits for illicit funds. Over two years, they pocketed commissions while enabling scams worth crores, victimizing countless individuals.
The raid yielded Rs 20 lakh frozen in accounts, plus digital assets valued at $5,100 in crypto, alongside 23 ATM cards, laptops, phones, SIMs, forged documents, cheque books, and seals—irrefutable proof of their operations.
FIR lodged, probes intensify to unravel the full web. Punjab Police reaffirms its zero-tolerance stance on cyber threats, aiming for a trustworthy online space. Beware fraudsters: shun dubious transactions, dial 1930 for help at the first sign of trouble.