Crime & Law · India

Mumbai Police Crack Down on Mule Account Racket

The Mumbai Police arrested seven individuals and seized ₹10 lakh cash from a mule account racket. The police claimed that the operation was carried out in collaboration with the Reserve Bank of India (RBI). The RBI stated that it had been monitoring the suspicious transactions and had alerted the police. The police said that they had identified 10 bank accounts used as 'mules' to launder money. The arrests were made on Tuesday, March 14, at various locations across Mumbai.

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