Cyber Criminals Rent Bank Accounts in Begusarai for Fraudulent Transactions

Begusarai: Cybercriminals are luring individuals in Begusarai with offers of earning between 3,000 and 8,000 rupees monthly to rent out their bank accounts. Additionally, they promise a commission on every transaction made through these accounts. To avoid detection, the criminals prefer renting accounts from people in states or cities far from their operational areas. This modus operandi was uncovered by the cyber police in Begusarai during a recent investigation.

The investigation led to the arrest of two individuals who rented out their bank accounts and one person who acquired these accounts for criminal activities. The cybercrime unit is now working meticulously to unravel the larger network behind this racket. Although significant progress has yet to be made, officials remain confident about exposing the masterminds soon.

To escape arrest, cybercriminals deliberately avoid using their own accounts, instead obtaining accounts from intermediaries who themselves rent these accounts from others. These rented accounts are then handed over to kingpins operating the fraud networks. However, when law enforcement tightens its grip, it is often the intermediaries who are arrested, with little knowledge of the broader criminal operation.

In a similar case earlier in April, three individuals were jailed in Begusarai for renting out their accounts. Recently, three more people were apprehended by the cyber police. Despite these efforts, questions remain about how such fraud persists and how the masterminds consistently evade capture. The cyber police across Bihar, including Begusarai, and the Economic Offences Unit are working to dismantle the racket, but experts suggest that stronger and more coordinated measures are needed to combat this growing threat.