A money mule is a person who transfers illegally obtained funds for criminals, often without realizing the money comes from unlawful activities. They are commonly recruited through online scams disguised as legitimate job offers and receive a small share of the money they handle. Money mules may transfer funds using wire services, bank accounts, or by physically moving cash or goods.Function: They serve as intermediaries to help criminals move and disguise illicit funds, aiding in money laundering by concealing the money’s true source.Recruitment: Criminals often lure mules through deceptive online ads or job postings that appear legitimate, such as “work-from-home” or “financial agent” opportunities.Risk: Even if unaware of their role in a crime, money mules can face severe legal consequences, including prosecution for money laundering or fraud.

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What is money mule?

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A money mule is a person who transfers illegally obtained funds for criminals, often without realizing the money comes from unlawful activities. They are commonly recruited through online scams disguised as legitimate job offers and receive a small share of the money they handle. Money mules may transfer funds using wire services, bank accounts, or by physically moving cash or goods.

Function: They serve as intermediaries to help criminals move and disguise illicit funds, aiding in money laundering by concealing the money’s true source.
Recruitment: Criminals often lure mules through deceptive online ads or job postings that appear legitimate, such as “work-from-home” or “financial agent” opportunities.
Risk: Even if unaware of their role in a crime, money mules can face severe legal consequences, including prosecution for money laundering or fraud.

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