Cybercrime police book 5 Instagram users for illegal bank account sales

Hyderabad: The city cybercrime police have registered a suo motu case against the operators of five Instagram accounts for allegedly posting advertisements offering to sell access to bank accounts.According to the police, the cyber patrolling team of the Hyderabad cybercrime police station lodged a complaint on Monday evening after identifying Instagram handles involved in the illegal sale, purchase, and rental of bank accounts.

Such activities are often linked to cyber fraud, money laundering, and other financial crimes.During routine monitoring, the team found several Instagram accounts allegedly promoting the sale of bank accounts.

The posts included messages such as, “If you need a corporate account/current account, DM me fast.” Some accounts reportedly offered different types of bank accounts for prices ranging from ₹10,000 to ₹30,000, along with banking kits and transaction limits of up to ₹50 lakh.In his complaint, a cybercrime police station constable stated that the identified accounts were actively promoting the buying and selling of bank accounts and requested a detailed investigation and appropriate legal action against the operators.Based on the complaint, the police registered a case under Section 66-C, 66-D of the IT Act and Section 318(4) (cheating) of BNS.Further investigation is underway.You Can Also Check: Gold Rate in Hyderabad | Silver Rate in Hyderabad | Bank Holidays in Hyderabad | Public Holidays in Hyderabad | Hyderabad AQI | Weather in Hyderabad | Petrol Price in Hyderabad | Diesel Price in Hyderabad | CNG Price in Hyderabad | LPG Price in HyderabadStay updated with the latest Hyderabad news.

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