ED freezes 110 'mule' bank accounts, seizes Rs 70 lakh

The Enforcement Directorate (ED) has frozen of 110 'mule' bank accounts and seized unaccounted cash worth Rs 70 lakh in searches at five locations across the National Capital Region as well as Jaipur in connection with its ongoing probe into a major narcotics trafficking and money laundering network.

The searches, which were conducted on November 14, indicated an online betting and gambling network being operated through mobile-based applications. The frozen 'mule' bank accounts, including 73 linked with UPI IDs and digital wallets, were actively used for handling transactions related to the betting operations.

In addition to this, documents, digital evidence and financial records seized during the searches have exposed the use of Dubai-based crypto currency wallets for transfer of funds.

The case pertains to the seizure of 82.53 kg of cocaine by the Narcotics Control Bureau (NCB) in November 2024, which led to the registration of a complaint against several individuals and entities involved in a global drug trafficking syndicate, official sources said.

Further investigation is underway in the case to trace the ultimate beneficiaries and to identify additional domestic and foreign assets created from the Proceeds of Crime, sources further informed.