Security agencies freeze 8,000+ mule accounts in J&K; officials flag funds may be exploited for anti-national activities
Times of India
by TOI NEWS DESKFebruary 15, 2026
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Security agencies in Jammu and Kashmir have frozen over 8,000 “mule accounts” in the past three years, targeting a critical link in global scam networks that could be exploited for anti-national activities. These accounts serve as the financial backbone for cybercrime operations, enabling stolen money to be converted into untraceable cryptocurrency. The agencies are collaborating with banks and law enforcement to curb the rise of mule accounts, which are often used to funnel funds for separatist and other malicious purposes.
Mule accounts, typically controlled by individuals lured by promises of easy commission, play a crucial role in facilitating money laundering. These accounts allow scammers to move large sums of money, often through complex transactions involving multiple transfers across different accounts. A single scammer may use 10 to 30 mule accounts at a time, sometimes even creating fictitious companies to enable large transactions without raising alarms.
The study revealed that anti-national elements have shifted to a “digital h
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Originally published on Times of India on 2/15/2026