Cybercriminals using mule accounts to set up illegal payment gateways for money laundering: MHA

The Union Home Ministry has alerted about illegal payment gateways used by cybercriminals for money laundering. These gateways exploit rented bank accounts of shell companies and individuals. Operations in Gujarat and Andhra Pradesh exposed gateways like PeacePay and RTX Pay. Citizens are advised not to rent their bank accounts to avoid legal trouble.