Eight arrested in cyberfraud racket in Hyderabad; Rs 24 crore, 127 mule accounts frozen
HYDERABAD: Hyderabad Cybercrime police arrested eight individuals for allegedly opening and supplying mule bank accounts to cyber fraudsters. Authorities seized 127 accounts, with Rs 24.1 crore credited and Rs 23.99 crore debited. About Rs 16.31 lakh remains frozen.
Officials said the accused used their own and others’ IDs to open accounts and sold complete account kits—including passbooks, ATM cards, cheque books, and login credentials—to fraud networks outside the state.
