https://www.taxtmi.com/news?id=67594 An FIR alleges that a bank branch head and others opened 13 current accounts in names of non-existent firms using forged KYC, false rent agreements and fabricated verification reports to operate mule accounts that routed, layered and transferred proceeds of cybercrime and other illicit activities amounting to about Rs. 1,084 crore, in breach of KYC norms and due diligence, causing alleged illicit gain, reputational loss to the bank and exposure to regulatory penalties. en-us Fri, 16 Jan 2026 17:46:03 +0530 Fri, 16 Jan 2026 17:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=67594 An FIR alleges that a bank branch head and others opened 13 current accounts in names of non-existent firms using forged KYC, false rent agreements and fabricated verification reports to operate mule accounts that routed, layered and transferred proceeds of cybercrime and other illicit activities amounting to about Rs. 1,084 crore, in breach of KYC norms and due diligence, causing alleged illicit gain, reputational loss to the bank and exposure to regulatory penalties. News - Fri, 16 Jan 2026 17:46:03 +0530 https://www.taxtmi.com/news?id=67594