Money Mule activity, is a fast growing and prolific problem in school, college and university environments; it is a key facilitator for online fraud, other cyber related and traditional crime. It relies on access to bank/financial accounts in order to cash out funds stolen by Organised Criminal Networks (OCG’s). Educating young people about the way that criminals try to recruit money mules and the way that the bank transfers are carried out is key to helping them avoid becoming a money mule themselves. It is also important for young people to understand the consequences if they are discovered carrying out these illegal transactions. Despite the temptation to get involved, the potential criminal convictions would be on record for many years, affecting their future choices in life.
How To Use
In order to protect young people from becoming involved in Money Mule activity, this guidance provides thoughts of what a parent/guardian/carer could consider when discussing Money Mules with children and young people.