How Cybercriminals are Exploiting India’s UPI for Money Laundering Operations

March 5, 2024

Cybercriminals are using a network of hired money mules in India using an Android-based application to orchestrate a massive money laundering scheme.
The malicious application, called XHelper, is a “key tool for onboarding and managing these money mules,” CloudSEK researchers Sparsh Kulshrestha, Abhishek Mathew, and Santripti Bhujel said in a report.
Details about the scam 

Article posted by: https://thehackernews.com/2024/03/how-cybercriminals-are-exploiting.html
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