June 18 2019
Middle-aged people are increasingly being lured into becoming “money mules” and their bank accounts used to launder proceeds of crime, a report suggests.
More than 40,000 cases which “bore the hallmarks” of money mule activity were reported to UK fraud prevention service Cifas last year, up 26% on 2017.
The largest rise – 35% – was among those aged between 41 and 60.
It is believed fraudsters target people without a criminal background, in the hope payments go unnoticed.