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How the application ‘XHelper’ is powering the Indian money-laundering gig economy
Feb. 29, 2024, 8:50 p.m. |
The Record by Recorded Future therecord.media
Cybercriminals are using a massive network of hired mules in India and an Android-based money transfer application to launder illicit proceeds, researchers have found. According to an investigation by the Singapore-based cybersecurity company CloudSEK, the money mules — who are recruited to receive and then quickly transfer funds to obscure their origin — are managed
android application cloudsek cybercrime news cybercriminals cybersecurity cybersecurity company economy found funds gig gig economy india investigation laundering money network quickly researchers singapore technology news transfer xhelper
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