Delhi Police have busted a mule bank account racket allegedly used to route money obtained through cyber frauds.
Three people have been arrested from Delhi and Uttar Pradesh after investigators traced suspicious fund movement linked to a complaint filed by a resident of IP Extension.
Complaint Triggered Digital Money Trail Probe
The case began after an e-FIR was registered on the basis of a complaint from an IP Extension resident.
The complainant alleged that money had been fraudulently withdrawn from his bank account and transferred to multiple accounts.
Investigators then examined banking records, mobile numbers, KYC details and other digital evidence to track the movement of funds.
₹72,000 Traced to Muzaffarnagar Account
During the investigation, police traced around ₹72,000 of the defrauded amount to a bank account belonging to Shivam Kumar, a resident of Muzaffarnagar.
Further transaction analysis revealed additional links in the money trail.
Another ₹49,900 Found in Delhi-Linked Account
Police also found that ₹49,900 had been credited to an account linked to Rajender Sharma, a resident of Tilak Nagar in Delhi.
According to investigators, the accused allegedly opened and supplied bank accounts to cybercriminals in return for commissions.
These accounts were then allegedly used to receive and route money generated through online fraud schemes.
Three Accused Arrested
Based on banking records, KYC documents, mobile phone details and digital evidence, Delhi Police arrested three individuals from Delhi and Uttar Pradesh.
Officials said further investigation is underway to identify wider links between the accused and cyber fraud networks.
Why Mule Accounts Are Dangerous
Mule bank accounts help cybercriminals hide stolen money by moving funds through multiple layers.
For businesses and individuals, accurate transaction records and regular reconciliation are essential to identify suspicious activity early. Professional bookkeeping services in india can help maintain clean financial records and detect unusual fund movement.
Shunyatax Global Insight
At Shunyatax Global, we believe financial awareness and proper documentation are key safeguards against cyber fraud. Never allow anyone to use your bank account, ATM card, SIM card or digital payment access in exchange for commission.
For more updates on cybercrime, compliance, taxation and business finance, visit Shunyatax.in.