Hyderabad CC Police arrest 4 in Rs 37.4-lakh online trading fraud; 20 mule bank accounts identified

Hyderabad, Oct 16 (UNI) Hyderabad City Cyber Crime Police have arrested four people for allegedly providing mule bank accounts and SIM cards to cyber fraudsters to route proceeds of online investment and trading scams, police said on Friday. Police have identified 20 mule bank accounts and seized nine mobile phones, 10 debit and credit cards, six bank passbooks and eight cheque books during the investigation. Based on a complaint received on April 4, 2026, from a woman who alleged that unidentified persons contacted her through WhatsApp and lured her into investing in trading platforms with promises of high returns, a…