5 months ago
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Hyderabad City Police Commissioner V.C. Sajjanar connected Friday (December 19, 2025) called for a paradigm displacement successful tackling cybercrime and fiscal fraud, urging the Reserve Bank of India to play a much proactive relation successful choking the travel of wealth that sustains integer scams.
During a courtesy gathering with RBI Governor and Deputy Governor Swaminathan astatine the RBI’s Hyderabad determination office, Sajjanar described “mule accounts” arsenic the oxygen that keeps cybercriminal networks alive. He pressed for the implementation of a mule huntsman instrumentality crossed banks to place and curb the misuse of specified accounts.
The Commissioner explained that fraudsters routinely lure students and regular wage labourers with commissions ranging from ₹2,000 to ₹5,000 to unfastened slope accounts, which are past utilized to divert wealth siphoned from victims. He noted that stolen funds are often routed done these mule accounts wrong minutes, making betterment difficult.
To code this, Sajjanar projected the instauration of a dedicated centralised database to place and way mule accounts crossed banks. He besides called for stricter enforcement of know-your-customer (KYC) norms and improved owed diligence by banks astatine the relationship opening stage.
Highlighting delays that hamper investigations, helium suggested faster sharing of method grounds by banks, including standardised slope relationship statements carrying each applicable details, and person coordination with cardinal agencies.
Responding to the concerns, the RBI Governor said some the cardinal slope and commercialized banks had already taken respective steps to trim integer fraud and would proceed to fortify the outgo ecosystem. He assured the constabulary of a affirmative attack and said suitable measures would beryllium considered to code the issues raised.
Additional Commissioner of Police (Crimes) M. Srinivasulu, DCP (Central Crime Station) Shweta and DCP (Cyber Crimes) Aravind Babu were portion of the constabulary delegation.
