MHA Identifies States Leading in Cybercrime Using Mule Accounts and Fake Trading Apps

The Ministry of Home Affairs' Indian Cyber Crime Coordination Centre (I4C) has identified Maharashtra, Uttar Pradesh, Rajasthan, and other states as hotspots for cybercriminals exploiting 'mule accounts' to launder illicit funds. Cyber fraud networks use these accounts to obscure stolen money's origin. Additionally, I4C reports that fake trading apps and e-commerce platforms are increasingly used to defraud victims, with coordinated efforts underway across multiple states to track and prevent such cyber fraud.