Telangana police to target mule bank accounts
HYDERABAD: Telangana police on Wednesday launched ‘Operation Crackdown’ across 16 districts, targeting mule bank accounts operating in the state. A total of 137 teams comprising 512 officers inspected 132 bank branches, collecting KYC details of suspicious account holders.
Initial verification revealed that several branches host multiple mule accounts, in some cases running in the hundreds, raising suspicion of collusion between bank staff and organised criminal networks.
