Money mules: how young people are lured into laundering cash

Money mules: how young people are lured into laundering cash:

Criminals are using students and others to unwittingly move funds through their bank accounts

• Readers’ £1m losses highlight scale of the UK’s fraud crisis

The job advert seemed timely. It offered between £500-£1,000 a week to work from home as an agent for cryptocurrency transactions. Lauren*, 21, was heavily in debt after a period of unpaid sick leave and leapt at the chance to rebalance her finances.

“It had been promoted on social media by a couple of people I’d been at school with so I trusted it,” she says. “It seemed such a coincidence that this came along just when I needed it.”

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from The Guardian https://ift.tt/3uPY5lT
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