Say No to Money Mule Scams
Help us stop financial fraud by staying informed and alert.
A Money Mule is someone who unknowingly gets involved in a financial crime by allowing fraudsters to use their bank account to move stolen or illegal money. In most cases, scammers pose as employers, acquaintances, or online contacts and promise easy commissions for “receiving and forwarding” funds.
Even if done unknowingly, acting as a money mule is a punishable offence under the law.
Getting involved in such scams, even unknowingly can have serious consequences:
- Legal action and police investigation
- Freezing of your bank account
- Permanent impact on your financial credibility
- Loss of access to legitimate banking services
Protect yourself and others by recognising the warning signs:
- Ignore suspicious emails or messages: Do not respond to emails, messages, or posts asking you to share your bank details or receive money on someone else’s behalf.
- Be cautious with job offers: Verify the identity and contact details of any employer, especially for overseas jobs or work-from-home opportunities that involve handling money.
- Think twice about 'easy money' offers: If someone offers you a commission to receive or transfer funds, it is likely a scam. Do not let anyone misuse your bank account.
- Monitor your account regularly: Review your bank statements to ensure no unauthorised or suspicious transactions have taken place.
If you suspect that someone is trying to involve you in a Money Mule scam or if you have already shared your details:
- Report cyber fraud at www.cybercrime.gov.in or call 1930
- Notify your nearest Bandhan Bank branch immediately or contact our customer care at 1800-258-8181 (toll free).
Be alert. Stay secure. Do not let fraudsters turn you into an unknowing accomplice. Share this information with others and help build a safer digital banking environment.
