Money mule
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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.
