Cyber crimes: 4.5 lakh ‘mule’ accounts frozen, many in public sector banks
By
Binu Mathew
The Centre has frozen around 4.5 lakh “mule” bank accounts, typically used for laundering proceeds of cyber crimes, in the past year, The Indian Express has learnt. While such accounts operate across the banking system, the most were found with the State Bank of India, Punjab National Bank, Canara Bank, Kotak Mahindra Bank and Airtel Payments Bank, sources said.