Kumar Bahukhandi
A statement by MHA said the proceeds of such crimes are immediately layered into another account as soon as the crime proceeds are received
The Indian Cyber Crime Coordination Centre (I4C) under the Union Home Ministry has issued an alert against illegal payment gateways created using mule bank accounts by transnational organised cyber criminals facilitating money laundering as a service.
The Indian Cyber Crime Coordination Center (I4C) under the Home Ministry has issued an alert against illegal payment gateways created using mule bank accounts by transnational organised cyber criminals facilitating money laundering as a service.
MHA said that recent nation-wide raids by Gujarat Police and Andhra Pradesh Police have revealed that trans-national criminals have created illegal digital payment gateways using mule or rented bank accounts. This illegal infrastructure facilitating money laundering as a service are used for laundering proceeds of multiple nature of cybercrimes, MHA said.
