New Delhi: The Supreme Court on Tuesday asked the Reserve Bank of India to prepare and circulate a standard operating procedure (SOP) for dealing with bank accounts linked to cyber frauds, including mule accounts.
Issuing a slew of directions aimed at strengthening the response to cyber-enabled financial frauds, a bench comprising Chief Justice Surya Kant and Justices Joymalya Bagchi and V Mohana directed all states, Union Territories (UTs) and law enforcement agencies to ensure the expeditious adoption and operationalisation of the grievance redressal and money restoration modules developed for victims of such frauds.
