Security Forces Raid 22 Sites Across Kashmir Targeting Cyber Fraud Linked to Terror Funding

CIK Raids 22 Locations Across Kashmir, Targets Cyber Fraud-Terror Funding Network.

Counter Intelligence Kashmir (CIK) carried out a major operation across 22 locations in the Kashmir Valley—including Srinagar, Budgam, Shopian, and Kulgam—cracking down on a cyber-enabled financial network with potential terror links. The raids were conducted after securing judicial approval.

The action follows an FIR registered by CIK based on intelligence about a syndicate siphoning money through cyber fraud, illegal online betting, and gaming platforms. Officials say proceeds were channeled into organized crime, with some transactions raising terror financing concerns.

Investigators uncovered a widespread “mule account” network, exploiting accounts of unsuspecting individuals to launder money. Funds from phishing scams, fake investments, and online extortion were rapidly moved across accounts to hide their origin.

During the raids, authorities seized phones, laptops, storage devices, and financial records. So far, 22 suspects have been detained, and investigations may reveal a larger, possibly cross-border network. CIK warned that ignorance will not shield anyone from legal action, emphasizing the serious risks of misusing digital financial systems.