Mule Account Cybercrime Ring Busted in Chandigarh; 9 Arrested, Mastermind Sought

• Chandigarh Cyber Crime Unit, under 'Operation Mule Hunt,' busted an organized cybercrime network, arresting 9 accused.
• Seven arrests were made in Chandigarh and two in Mohali; accused are young (20-26 years old), educated (+2 pass or graduates).
• Accused deliberately rented out their bank accounts (mule accounts) for digital arrest scams and part-time job frauds.
• Defrauded money was transferred across accounts and converted into cryptocurrency via the Binance app to evade detection.
• Police are actively searching for the mastermind of this network, with more arrests expected; citizens warned against sharing account details.

Why It Matters: Chandigarh Police dismantled a mule account cybercrime network, arresting 9 and warning citizens about financial fraud.