Money Mule

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Money Mule

Most of the victims are approached online, through dating sites, Facebook and phone. Money mules basically allow others to use their bank accounts to transfer and launder money. Scammers use money gram and western union to move the cash.

It’s all done online via text and telephone. The scammers will eventually start requesting the victims to move money for them.

Fraudsters will recruit them to move the money because it helps disguise the tracing of the proceeds leading to a fraud.

Never give access to your bank account by sending or receiving money from strangers and it’s always best to keep your personal information private. The elderly are also marked as the number one target because some end up sending and receiving money and have no idea they’re committing a crime. If caught they can face felony money laundering charges, up to 20 years in jail and $100,000 in fines.

If you believe you have been a victim of this type of scam you should promptly report it to the IC3's website at www.IC3.gov. The IC3's complaint database links complaints together to refer them to the appropriate law enforcement agency for case consideration.

Remember - always watch for scams!