Archive · 1 Jul 2025
CBI to Probe Bank Officials in Mule Account Cybercrime Case
The CBI is investigating a large network of fake bank accounts, called mule accounts, used by cybercriminals to steal money.
The CBI suspects bank officials helped set up these accounts and failed to report suspicious activity.
Cybercriminals used fake documents and tricks to get money from victims.
The CBI has found many such accounts across the country.
The investigation revealed that the bank officials didn't follow the rules about how to check the account activity.
CBI to question bank officials allegedly involved in facilitating 8.5 lakh mule accounts.
Bank officials failed to generate Suspicious Transaction Reports despite suspicious activity.
The CBI found 8.50 lakh mule accounts in 743 bank branches across the country.
The probe revealed cybercriminals used forged documents and impersonation to defraud victims.
Middlemen, banking correspondents, and bank officials are suspected of involvement.
- Who
- CBI, cybercriminals, bank officials, middlemen, and account holders.
- What
- CBI to question bank officials regarding 8.5 lakh mule accounts used for money laundering.
- When
- Ongoing investigation with raids conducted recently.
- Where
- Across India, specifically in 743 bank branches.
- Why
- To investigate and take action against individuals involved in the operation of mule accounts for money laundering.
CBI View
N/A
Bank Official Negligence
CBI View
Bank officials are accused of failing to report suspicious transactions, violating RBI guidelines.
N/A
N/A
- Agency
- CBI
- Mule Accounts
- 8.5 lakh
- Bank Branches
- 743
- Accused Named in FIR
- 37
- Account Types
- Cyber and Money Mule
- Crimes Involved
- Digital fraud, impersonation
