CBI cracks bribery ring that bank insiders used to launder cyber fraud money

Mule accounts were opened and coached to evade tracking

The CBI has arrested two bank officials after finding they took bribes to help cyber criminals set up mule accounts for money laundering. Funds routed through these accounts came from cyber frauds, and the accused allegedly also advised criminals on how to avoid detection. The case underscores insider facilitation in financial crimes, and investigations are still underway.