Delhi Police Unravel Rajasthan Mule Account Supply Ring in ₹2.84 Lakh Scam Investigation

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Delhi Police arrested two individuals in Jodhpur, Rajasthan, for facilitating mule bank accounts in an interstate task-based investment fraud that caused a victim to lose ₹2.84 lakh.

Delhi Police Arrests Two in Interstate Investment Fraud

The Delhi Police Cyber Cell arrested Dinesh and Vikas Siyag for their role in a fraud scheme involving mule bank accounts. The suspects were apprehended after a technical investigation into an interstate task-based investment scam that targeted a Delhi resident.

The Operation and Investigation

The fraud began when the victim received a message offering paid online tasks for a food channel. After completing initial assignments and receiving small payments, the victim was directed to an investment platform promising high returns. Subsequent transfers totaling ₹2.84 lakh were made to designated accounts, after which the fraudsters cut all contact.

Tracing the Illicit Funds

Investigators traced the stolen money through banking records and digital transaction logs. ₹1 lakh was credited to a specific account, with ₹80,000 withdrawn via an ATM in Jodhpur, ₹38,000 from an ATM in Ajmer, and ₹19,500 spent at a petrol pump. Surveillance footage, banking timestamps, and mobile location data helped identify Dinesh on July 31.

The Role of Mule Accounts

Vikas Siyag was detained for supplying mule accounts to criminal networks. Forensic analysis of seized devices, including four mobile phones and an active SIM card, is ongoing to uncover messaging logs, encrypted communications, and device metadata. These accounts serve as intermediaries for laundering illicit funds.

Broader Criminal Network

Cross-referencing the accounts with the National Cyber Crime Reporting Portal database revealed prior links to five separate cybercrime complaints across multiple states. This confirms their involvement in a broader criminal network. Experts stress that disrupting such supply chains is critical to dismantling organized cybercrime.

According to the report, the case highlights the evolving tactics of fraudsters, who rely on social engineering and staged financial incentives to exploit victims. Authorities continue to investigate the full scope of the operation, focusing on tracing the flow of funds and identifying all parties involved.

Conclusion

The arrest of Dinesh and Vikas Siyag underscores the importance of targeting financial infrastructure in cybercrime operations. By disrupting mule account networks, law enforcement aims to increase operational risks for syndicates and protect potential victims from similar schemes.