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ITNewspapersThe Telegraph

Mule account network busted, two arrested for alleged involvement in the racket

Binu Mathew
By Binu MathewApril 8, 2025

Two persons have been arrested for their alleged involvement in a racket that used to create fake companies and subsequent mule accounts for the transaction of money earned through fraudulent means, police said.

The racket was headed by the branch manager of a nationalised bank.

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