Money Mule Accounts Exposed | How Digital Arrest Scams Launder Crores

A 60-year-old victim. A digital arrest scam. ₹1.24 crore gone.But the real story lies in a money mule bank account silently moving illegal funds.In this eye-opening episode of Bank Case Files, we decode a real banking investigation where fraudsters used a mule account already flagged by the bank to launder money extracted through psychological pressure and cyber manipulation.🔍 What this episode uncovers:• What exactly is a Money Mule Account• How fraudsters exploit ordinary people for laundering money• Red flags: 900+ transactions, near-zero balances & instant cash withdrawals• Why distance between residence & branch matters• How internet banking credentials are misused• Role of Enhanced Due Diligence (EDD) in stopping frauds• What banks, officers & customers must watch out forThis episode is a must-listen for bankers, compliance officers, auditors, cybersecurity professionals, banking aspirants, and citizens to understand how mule accounts operate and how crores vanish without alarms—until it’s too late.🎧 Listen now and learn how one weak account can fuel massive cyber frauds.📌 Follow Bank Case Files for real-world banking fraud stories decoded simply.