Home ministry warns against illegal digital payment gateways used by cybercriminals | India News – Times of India
The Ministry of Home Affairs (MHA) on Monday warned against illegal digital payment gateways being used for money laundering operations. The ministry in a notification said the illegal payment gateways are being created using mule and rented bank accounts. "Nation-wide raids by Gujarat Police and Andhra Pradesh Police reveal that trans-national criminals have created illegal digital payment gateways using mule/rented accounts. These illegal infrastructure facilitating money laundering as a service are used for laundering proceeds of multiple nature of cybercrimes," the notification read.The Indian Cybercrime Coordination Center (I4C) of the MHA advised "all citizens not to sell/rent their bank accounts/company registration certificate/Udhyam Aadhaar Registration certificate to anyone."Warn...