Collusion with Fraudsters
The creation of hundreds of thousands of "mule accounts"—accounts used by cybercriminals to divert and siphon off crores of rupees stolen through fraud; swindlers obtaining loans worth crores using forged documents and subsequently defaulting on them; and fraudsters faking the deaths of living individuals to embezzle insurance payouts—police have identified that the staff working within the respective financial institutions are complicit in all these schemes. Furthermore, investigators have highlighted the manner in which these employees shield their accomplices, refusing to offer any cooperation whatsoever during criminal investigations.
You Might Also Like
-
New Delhi: Tech giant Google has teamed up with Aadhaar company Udai. With this, Aadhaar details...
-
The Subject Expert Committee of the DCGI has approved the country's first dengue vaccine. This va...
Leave A Comment
Comments