Assam Police have arrested six people in connection with an alleged mule account network suspected of routing money linked to online financial fraud. The Special Task Force (STF) is also examining possible links between the network and Pakistan-based intelligence operatives, although no such connection has been established in the findings reported so far.
The investigation began after Sonitpur Police registered a complaint based on intelligence inputs from central agencies, including Military Intelligence, Gajraj, Tezpur. Investigators subsequently identified suspicious transactions in a State Bank of India account belonging to Marjina Begum, a Guwahati resident.
According to the investigation, the account received multiple deposits between June 22 and August 5, 2026. The funds were allegedly withdrawn soon after being credited, raising suspicions that the account was being used to move money obtained through fraudulent activities.
Six People Arrested During STF Operations
The investigation reportedly led police to two additional suspects, identified as Mofijul Haque, 22, and Himangshu Das, 19, both residents of Bamunimaidan. They were among three suspects arrested during an STF operation on October 28.
Further searches in Guwahati resulted in three additional arrests:
Rakib Hussain, 34, was arrested from Ganesh Bagar on October 29.
Iftar Hussain, 25, was apprehended from Uzanbazar on October 30.
Arman Azuz Hoque, 20, was arrested from Ananda Bagar on October 30.
The operations were conducted with assistance from Guwahati City Police.
Investigators also seized mobile phones, laptops, bank passbooks, ATM cards, electronic devices and documents. These materials are expected to help police examine communications, banking activity and possible connections among the suspects.
Investigation Focuses on Suspected Mule Accounts
Preliminary findings suggest that the alleged network may have operated across different parts of India for nearly two years. Investigators suspect that multiple bank accounts were used to receive and transfer funds allegedly generated through online financial fraud.
A mule account is a bank account used to receive or move money on behalf of another person or group. Such accounts can make it harder to identify the original source of funds and the people controlling the transactions.
The STF believes the suspected operation may involve several crores of rupees. However, the exact amount has not yet been established.
Investigators are also examining whether a key operator based outside Assam coordinated the activities of individuals responsible for handling accounts and financial transactions.
The police are tracing the movement of funds and checking whether additional accounts or intermediaries were involved.
Possible Pakistan Intelligence Links Under Examination
One of the sensitive aspects of the investigation is the suspected connection with Pakistan Intelligence Operatives (PIOs).
The STF is reportedly examining whether the financial network had any links with individuals or groups operating on behalf of foreign intelligence interests. Investigators are also assessing whether other elements may have played a role.
However, the available findings do not establish a confirmed Pakistan connection. The suspected link remains an investigative angle, and further evidence will be required before any conclusions can be drawn.
Digital and Banking Evidence Under Review
The seized devices and financial documents are being examined to understand how the suspected accounts were operated and whether transactions can be connected to reported online fraud cases.
Investigators are also working to identify other account holders, possible coordinators and the alleged beneficiaries of the funds.
With six arrests reported so far, the investigation remains focused on establishing the network's structure, the scale of its financial activity and whether any cross-border connections can be substantiated.
The case also highlights the importance of monitoring suspicious financial transactions and maintaining proper banking records. Shunyatax's financial investigation and forensic support can help organisations review unusual transaction patterns and assess potential financial irregularities.