SRINAGAR, January 7, 2026 — In a major offensive against the nexus of digital financial crime and regional instability, the Counter Intelligence Kashmir (CIK) launched a massive, coordinated operation across the Valley on Wednesday.
Targeting 22 strategic locations, including a concentrated sweep of over 15 sites within Srinagar district, investigators are dismantling a sophisticated “mule account” architecture allegedly utilized to funnel illicit capital for cyber fraud and terror-related activities.
This wide-ranging probe aims to identify the shadowy facilitators and decentralized networks that exploit bank accounts of unsuspecting or complicit individuals to move untraceable funds.
During the simultaneous searches, specialized CIK teams confiscated a significant haul of digital forensic evidence, including smartphones, laptops, and incriminating documents, which are expected to provide critical leads into how these illicit financial pipelines operate.
As the investigation widens, authorities are focusing on the intersection of modern cybercrime and traditional security threats, with further disclosures anticipated as the seized data undergoes expert analysis.
