U.S. Attorney’s office announces action against Money Mules
The U.S. Attorney’s office for the Western District of North Carolina announced the completion of the Money Mule Initiative, an annual campaign to identify, disrupt and criminally prosecute networks of individuals who transmit funds from fraud victims to international fraudsters.
Fraudsters rely on money mules to facilitate a range of fraud schemes, including those that predominantly impact older Americans, such as lottery fraud, romance scams and grandparent scams as well as those that target businesses or government pandemic funds.
Some money mules are recruited into what they initially believe to be legitimate work-at-home jobs. In order to educate and deter these types of unknowing money mules, the letters served by law enforcement warned individuals that their activities are facilitating fraud and outlined the potential consequences of continuing to transmit illegally acquired funds.
Agencies are conducting outreach to educate the public about how fraudsters use money mules and how to avoid unknowingly assisting fraud by receiving and transferring money.
