Money mule

A money mule, sometimes called a "smurfer," is a person who transfers money acquired illegally (e.g., stolen) in person, through a courier service, or electronically, on behalf of others. Typically, the mule is paid for services with a small part of the money transferred. Money mules are often dupes recruited on-line for what they think is legitimate employment, not aware that the money they are transferring is the product of crime. The money is transferred from the mule's account to the scam operator, typically in another country. Similar techniques are used to transfer illegal merchandise.

Mules recruited online are typically used to transfer the proceeds from online fraud, such as phishing scams, malware scams or scams^[1] that operate around auction sites like eBay. After money or merchandise has been stolen, the criminal employs a mule to transfer the money or goods, hiding the criminal's true identity and location from the victim of the crime and the authorities.^[2] By using instant payment mechanisms such as Western Union the mule allows the thief to transform a reversible traceable transaction into an irreversible untraceable one.^[3]

Money mules are complicit, and risk criminal prosecution^[4] and long jail sentences. Commonly, they are recruited with job advertisements for "payment processing agents," "money transfer agents," "local processors," and other similar titles; the real benefit to the criminals is not the work carried out by the mule, but that the criminals are distanced from the risky, visible, transfer. Some money mules are recruited by an attractive member of the opposite sex. Candidates are asked to accept funds and to forward them, less a relatively small payment for themselves, to a third party, which they can do from home. Legitimate companies use escrow services for this kind of work.^[5] Criminals trading in stolen or illegally acquired goods use similar tactics to recruit mules who receive packages and forward them to mail drops not traceable to the criminal.^[6]

See also

• Advance-fee fraud
• Money laundering
• Mule (smuggling)
• Parcel mule scam

References

1. ↑ Tehrani, Rich. "FBI: Beware New Email Scam". Retrieved 24 June 2016. 
2. ↑ "banksafeonline.org - Bank Safe Online". Retrieved 2010-03-05. 
3. ↑ ""Is everything we know about password-stealing wrong?"" (PDF). Retrieved 2015-03-14. 
4. ↑ "Lloyds TSB - Money Mule". Retrieved 2010-03-05. 
5. ↑ "ThatsNonsense.com - Fake Job Offers". Retrieved 2010-03-05. 
6. ↑ "ThatsNonsense.com - Reshipping Scams". Retrieved 2010-03-05.