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Punjab Police Bust Mule-Account Racket, Arrest Three in Mohali

Investigators link the scheme to Chinese nationals on Telegram, with 24 victims identified so far.

Overview

  • The suspects — Gurjeet Singh, Raman Rai and Sukhdev Singh — allegedly ran a front called Brother Traders from a rented Mohali room.
  • Police froze about Rs 20 lakh in linked bank accounts and recovered 23 ATM cards, two laptops, seven phones, forged KYC papers and cryptocurrency worth 5,100 USDT.
  • Investigators say the group supplied current accounts opened with morphed documents for routing and layering cyber‑fraud proceeds.
  • Inter‑state checks on the I4C Samanvay portal connected these mule accounts to 24 victims, with Rs 26.65 lakh placed under lien.
  • A case is registered under BNS sections 318(4) and 61(2) and IT Act section 66D, with forensic review of seized cards underway to find more victims and map the network.