Seven arrested for facilitating cyber frauds
HYDERABAD: Cyberabad cybercrime police have busted an online trading fraud network and arrested seven persons for allegedly facilitating cyber fraud operations by opening, operating and supplying mule bank accounts used to route fraudulent proceeds.
Cyber Crimes DCP T Sai Manohar said the accused were involved in arranging bank accounts, supplying account holders, collecting fraud proceeds, transporting cash and facilitating money laundering activities for organised cyber fraud syndicates.
