Money mule: Difference between revisions
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imported>Doug Williamson (Create page. Source: The Treasurer, April 2018.) |
imported>Doug Williamson m (Add category.) |
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* [[Serious Fraud Office ]] | * [[Serious Fraud Office ]] | ||
* [[Software robot]] | * [[Software robot]] | ||
[[Category:Compliance_and_audit]] | |||
[[Category:Financial_risk_management]] |
Latest revision as of 09:09, 11 April 2018
Fraud.
A money mule is a seemingly authentic bank account and its nominal owner, used to transfer the proceeds from financial crime.
Young money mules
- "Young people are particularly targeted to be money mules, and figures from Cifas, the UK's fraud prevention service, showed that there were 8,652 cases of 'misuse of facility' among 18- to 24-year olds in the UK between Q1 and Q3 2017, a rise of 35%."
- The Treasurer magazine, April 2018, p24 - In Search of the Tipping Point.