Srinagar: Counter Intelligence Kashmir (CIK) launched a sweeping crackdown on cyber terror networks, conducting raids at 22 locations across Kashmir Valley and detaining 22 suspects linked to terror financing. The operations targeted mule bank accounts used for laundering proceeds from cyber frauds, illegal online gaming, betting rackets, and suspected terror funding, officials confirmed.
Seventeen searches hit Srinagar, with three in Budgam and one each in Shopian and Kulgam, authorized by Special NIA Court warrants. Teams seized digital devices, financial records, and incriminating material exposing a syndicate exploiting vulnerable individuals accounts as temporary conduits for illicit funds. SSP CIK Tahir Ashraf revealed the probe under FIR 06/2025, covering IT Act sections 66C and 66D, Bharatiya Nyaya Sanhita provisions, and UA(P) Act section 13.
Investigators uncovered a conspiracy where local and external operatives violated banking norms, abused KYC processes, registered fake businesses on UDHAYAM portal, and employed identity theft for money laundering. Funds from scams, fake investments, and banned platforms allegedly flowed to terror activities threatening national security. Ashraf termed the raids a decisive blow to organised cybercrime terror linkages, vowing stricter action against banking system abusers.
The nascent investigation promises revelations of a broader network spanning Jammu and Kashmir and beyond, with detained suspects questioned on roles and connections. CIK urged public vigilance against suspicious transactions and credential sharing. This follows intensified efforts to choke terror finances amid rising cyber threats in the region.
Authorities anticipate further arrests as evidence unravels complex financial trails sustaining militancy.
