Indian banks are facing increased operational risks from deposit accounts due to the rise in mule accounts and money laundering, prompting stricter KYC checks and transaction monitoring. The RBI's ...

New Graphical Link Analysis Canvas Illuminates Financial Crime Syndicate and Network Behaviors; Accelerates Collaboration Among Fraud and AML Teams in Effort to Identify and Eliminate Mule Accounts ...

Senate committees have proposed measures to combat a wave of wrongful account freezes as part of an effort to eliminate "mule accounts", which have been affecting innocent citizens.The Senate's ...

Singapore is stepping up its fight against scams by barring individuals involved in mule-related offences from accessing critical services such as banking, ...

Bhopal (Madhya Pradesh): Cyber crime in Bhopal has taken a new and alarming turn with the involvement of bank employees now coming to light in several fraud cases. While Rs 4-crore bank account fraud ...

Restaurant, wholesale and retail associations have expressed their concern about offering transfer or QR payment options to customers, fearing their accounts might be frozen as authorities address the ...

Delhi Police have arrested Satyam Kulshretha, a pivotal figure in a nationwide scam involving mule bank accounts for online ...