Bank of Ireland is warning that ‘money-muling’ – or allowing a bank account to be used to transfer stolen money for a fee – can lead to a criminal record and impact travel or employment prospects. The ...

Fraud accounts for atleast 40% of financial crime in the UK. In 2022, UK banks have identified over 39,000 accounts demonstrating behavior indicative of money muling[1]. NCA estimated that over GBP 10 ...

The highest proportion of people involved (33%) were aged 22-29.

Young people have been advised to be aware of suspicious approaches to facilitate the transfer of cash through their accounts, with data showing that €9.4m has been laundered through money mules in ...

A third of young people aged between 18 and 24 have been asked to act as a money mule or know someone who has, according to new data. It comes as new figures reveal that in a 12-month period alone, ...