Two arrested for creating mule accounts to receive cyberfraud funds

Palanpur: The Cybercrime police of Aravalli district busted a gang involved in cyberfraud through mule accounts and arrested two accused from Nikol area of Ahmedabad.Police have recovered cash, silver biscuits, electronic devices, banking documents and Rs 25 lakh cash from their possession.Reporting Portal and the Samanvay Portal.
Based on information received about mule accounts in the district, it was found that an account with the State Bank of India had a first-layer transaction of Rs 2,000 related to a cyberfraud case registered in Bidar district, Karnataka.When police sought the bank statement, AOF and KYC details, it was found that the account had been handed over to a person named Subhash Jain.Following this lead, a team visited Ahmedabad on Jan 29 for further inquiry. The team conducted verification in Singarva, Ahmedabad, but found that no person named Subhash Jain existed there.The house was found locked, and as there was a possibility that equipment used in cyberfraud was stored inside. They broke open the lock and conducted a search. They found that using the identity of Subhash Jain, the scammer Dinesh Mali had created duplicate Aadhaar cards and opened multiple bank accounts in different banks to receive proceeds of cyberfraud.The police found three Aadhaar cards, one PAN card, 18 ATM cards, one currency counting machine, one laptop, one printer, one POS machine, 31 mobile phones, four sim cards, 21 cheque books, one passbook, two silver biscuits (100 grams and 50 grams) and cash.Later, police tracked down Mali and his accomplice Mahendra Devasi, both natives of Sanchore in Rajasthan, currently residing at Nikol. Police have launched a search for a third accused identified as Bhavesh Mali.In all, a total of 26 online fraud complaints were registered on the NCCRP portal from 13 different states, involving a total amount of Rs 1.80 crore linked to the accounts.