Money muling 

A bad job

A money mule is a term used to describe someone who is recruited by fraudsters needing to launder funds they have obtained illegally. If you think you might already be part of a money mule scam it is imperative that you act fast. Contact your bank and the police immediately.

Money_Jul2013_500

A bad job

A money mule is a term used to describe someone who is recruited by fraudsters needing to launder funds they have obtained illegally. If you think you might already be part of a money mule scam it is imperative that you act fast. Contact your bank and the police immediately.

The advert may be written in poor English with grammatical and spelling mistakes and they may urge you not to inform the bank or the police about the reason for making the payments. The adverts may seek people with accounts at certain banks or internet payment systems.

Protect yourself against money muling:

Mule beermat

  • Be cautious about any unsolicited offers or opportunities offering you the chance to make some money.
  • Be especially wary of offers from people or companies located overseas as it is harder for you to know they are who they say they are. Take steps to verify any company which makes you a job offer, and check their contact details (address, phone number, email address and website) are correct, and whether they are registered in the UK. Never give your bank details to anyone unless you know them.
  • Do not respond to unsolicited emails or approaches.
  • Many scam websites have been running for years. If you are suspicious then Google the company name and check they have not scammed other people.
  • Beware of companies offering substantial “work from home” tasks requiring no experience.
  • No company should ask you to carry out international financial transactions for them, using a bank account.
  • If the company site uses VeriSign (a symbol of internet safety), ensure that the VeriSign is genuine by clicking on it.
  • Remember the old saying - if something looks too good to be true, then it probably is.

Think you might be a mule?

If you think you might already be part of a money mule scam it is imperative that you act fast. Contact your bank and the police immediately.

Acting as a mule is illegal and ignorance is no defence. If you know who is behind a money mule scam you can contact Crimestoppers anonymously on 0800 555 111, or use our Anonymous Online Form.