Our Regional Fraud Prevent officer within Tarian – the Regional Organised Crime Unit – has been in touch to advise of an increase in “Money Mule” activity within schools and Universities, particularly affecting young people.

What is a Money Mule?

Teenagers are being groomed on social media platforms by criminal gangs, who offer them the chance to make easy money. When they are in the system, the gangs can then coerce them into committing further offending through blackmail, debt bondage and sextortion.

Money Muling is when people are asked to receive money into their personal bank, to take it out as cash or transfer it to someone. As a result, they will then keep a small percentage as commission.

This is money laundering, which has significant consequences including a criminal record, a potential 14-year prison sentence, the closure of bank accounts and a negatively impacted credit score.

The laundered money will be used by criminals to facilitate serious crimes such as terrorism, drug trafficking and people smuggling.

As a result of this, Steve from the Prevent and Protect part of the team has decided to host some live sessions on Eventbrite that we are encouraging students to get involved in.

Dates available

Mon, 9 Dec 2024 11:00 - 12:00

Mon, 16 Dec 2024 13:00 - 14:00

Click here to book your space