Authorities in Hyderabad and across Telangana have launched a major operation against cybercrime networks, resulting in the arrest of more than 200 individuals suspected of operating mule bank accounts used for fraudulent transactions. The operation was carried out by the Telangana Cyber Security Bureau as part of a statewide initiative to dismantle organized cybercrime groups.
Officials said the crackdown targeted a network of “mule accounts” used by scammers to move illegally obtained funds. These accounts were opened in the names of unsuspecting individuals or people who allowed criminals to use their bank details in exchange for a commission. According to investigators, the illegal network processed nearly ₹100 crore linked to thousands of cyber fraud complaints.
Among those arrested were two bank employees, several students, lecturers, a government worker and multiple intermediaries who helped coordinate the fraudulent activities. Police also seized dozens of mobile phones, passbooks and cheque books during raids across several districts. Authorities believe the arrested individuals were part of a larger interstate cybercrime network that used digital banking systems to hide the origins of stolen money.
Investigators revealed that many mule account operators received around five percent of the transferred funds as commission. Some villages reportedly became hubs for such activities, with multiple accounts opened in different banks under various names.
Law enforcement officials say the operation is only the beginning of a broader campaign to tackle cyber fraud in the state. They are now working with banks and other states to track the masterminds behind these operations and recover stolen funds. Citizens have also been advised to avoid sharing banking information or allowing others to use their accounts, as authorities plan stricter monitoring of suspicious financial activity.
News as reported
