Ireland: €2m ‘money mule accounts’ investigation under way


April 10 2019

An investigation has begun into a €2m money laundering fraud involving so-called money mule accounts, where people have allowed their bank accounts to be used by others for criminal activity. The Garda National Economic Crime Bureau is examining transactions of up to €35,000 on over 200 accounts around the country.

The accounts were used for single transactions of between £5,000 and £35,000 to a financial institution abroad.