ADVERTISEMENTSecurity agencies have, over the past three years, identified and frozen more than 8,000 mule accounts operating in the region, exposing what officials described as a sophisticated network of money laundering. Central security agencies have asked the Jammu and Kashmir Police and other law enforcement agencies to hold consultations with banks to curb the mushrooming of 'mule accounts' and identify middlemen, who facilitate such financial frauds, they said. A single scammer is often supplied with 10 to 30 mule accounts at a time, and in many cases, bank accounts are opened in the name of fictitious companies, enabling large transactions of up to Rs 40 lakh in a single day without immediately raising alarms. Officials said the money trail is deliberately messy, with the scammed money rapidly shifted through several accounts and broken into smaller transactions to avoid detection. According to officials, Adeel had started to look for members for the new terror group and roped in an individual named Danish, alias Jasir, from south Kashmir.

Source: The Telegraph February 15, 2026 15:40 UTC