Money Laundering: How a Rapido Driver's Bank Account Was Allegedly Used as a Mule Account

Udaipur, Nov 28, 2025: A multi-crore destination wedding organised in a renowned hospitality property in Udaipur has become the centre of an international money laundering alibi through a betting app.

As per media reports, an investigation by the Enforcement Directorate has led them to a destination wedding in Udaipur held recently. As per sources, videos and photos of the weddding event, having gone viral on social media, led the ED sleuths to investigate further, linking it to a betting app that used a poor Rapido driver's account as a mule account to transact black money. The ED uncovered an unaccounted Rs 331 Cr being deposited into the bank account..

How the trail was uncovered

According to the media reports, the ED team was investigating a betting network. During their investigations they came across a bank account in which Rs 331Cr 36lac was deposited between August 19, 2024 and April 4, 2025. The account belonged to a Rapido driver. The trail that led back to an online betting app, whose owners allegedly used this account as a Mule account to park their black money and escape the enforcement agencies probe. The ED is further investigating this matter to uncover the operations of the syndicate and from where these are being managed.

What is a Mule Account

These are bank account belonging to largely poor and uneducated people. The account details are usually obtained by offering a commission or being tricked through scams like job offers or phishing emails or sms links. The mule is the account holder of such an account who could also be a willing participant. The money launderers then use this account to deposit/transfer their black money, which is routed to other accounts and the entire operation is covered up. The account holder is asked to withdraw the money and deposit it in another account, thus breaking the chain that leads to the original source.