
Cyber Fraud Exposed: ₹5,000 Crore Stolen Through 20,000 Mule Accounts
Bhubaneswar, India ( Newshub Desk)– May 6, 2025 – Cyber fraud continues to plague financial institutions, with investigators uncovering over 20,000 mule accounts used to siphon ₹5,000 crore. Despite efforts by cybersecurity experts and law enforcement agencies, fraudsters are using economically disadvantaged individuals to set up accounts that facilitate illicit transactions. Mule accounts, often created…