Kashmir: Raids Conducted at 22 Locations in Cyber Fraud-Terror Funding Crackdown

22 Raids Across Kashmir Target Cyber Fraud-Terror Funding Network.

Counter Intelligence Kashmir (CIK) launched one of its largest coordinated operations in recent years, raiding 22 locations across the valley—including Srinagar, Budgam, Shopian, and Kulgam—to crack down on a cyber-enabled financial crime network with potential terror links. The operation was carried out after obtaining court approval.

The raids follow an FIR registered by CIK based on intelligence pointing to a sophisticated syndicate siphoning funds via cyber fraud, illegal online betting, and gaming platforms. Investigators say the proceeds were funneled into organized crime structures, with some trails raising concerns about terror financing.

Officials revealed the syndicate operated an extensive “mule account” ecosystem, exploiting accounts of unemployed or unsuspecting individuals to move illicit funds, masking the identity of the real operators. Funds from phishing scams, fake investments, and online extortion were layered through multiple accounts to evade detection.

During the raids, mobile phones, laptops, storage devices, and financial documents were seized as evidence. So far, 22 suspects have been detained for questioning. Authorities warned that unknowing participation will not shield anyone from legal consequences, emphasizing that misuse of the banking system can fuel both cybercrime and terror activities.

CIK officials said the operation is a strong deterrent, and investigations could uncover a larger, possibly cross-border network.