Are You Unwittingly Becoming a Money Mule? The Shocking Truth Behind Innocent Online Requests
- May have been warned by bank employees they were involved with fraudulent activity
- Opened accounts with multiple banks in their true name
- May have been unwitting at first, but continue communication and participation
- Motivated by financial gain, or an unwillingness to acknowledge their role
Complicit money mules are aware of their role, and actively participate.
- Serially open bank accounts to receive money from a variety of individuals/businesses for criminal reasons
- Advertise their services, including what “services” they offer, and at what prices. This may also include a review and/or rating by other criminal actors on the money mule’s speed and reliability.
- Travel, as directed, to different locations and/or countries to open financial accounts, or to register fraudulent companies
- Operate funnel accounts to receive fraud proceeds from multiple lower-level money mules
- Recruit other money mules
- Motivated by financial gain, or loyalty to a known criminal group
Money mule schemes have become a main staple for unscrupulous foreign predators to hide their identity, and launder cash. You may have been cruelly targeted by a romance (or other) scheme but the consequences of participating can be devastating. Did you know you may also be unknowingly funding human traffickers, and/or terrorists?
Post Comment