Mule Account Racket Exposed: 12 Arrested in Major Fraud Bust

A significant mule account racket was dismantled with the arrest of 12 individuals involved in opening bank accounts and procuring SIM cards without public consent. These accounts were exploited for fraud and online betting, with connections traced to Dubai. Police seized multiple assets, and investigations continue.

A well-organized mule account racket has been dismantled by police, resulting in the arrest of 12 individuals accused of fraudulently opening bank accounts. These accounts were used for illicit online betting activities, police sources confirmed.

The arrested were reportedly procuring bank accounts and SIM cards under false identities and using these for illegal gains with some transactions linked to Dubai. The operation was set in motion after credible tips led the police to register a case on November 28, 2025.

After making several arrests and seizing valuable assets including debit cards, gold, and digital devices, efforts continue to track the prime suspect, who remains at large. Authorities assure that investigation is ongoing to uncover more details and potential culprits involved.

(With inputs from agencies.)