
SCARS Institute’s Encyclopedia of Scams™ Published Continuously for 25 Years

It Is Common For Scam Victims To Be Manipulated – Against Their Will Or Knowledge Into Becoming Money Mules
Don’t Be a Mule: Awareness Can Prevent Crime
What Is a Money Mule?
A money mule is someone who transfers or moves illegally acquired money on behalf of someone else.
Criminals recruit money mules to help launder proceeds derived from online scams and frauds or crimes like human trafficking and drug trafficking. Money mules add layers of distance between crime victims and criminals, which makes it harder for law enforcement to accurately trace money trails.
Money mules can move funds in various ways, including through bank accounts, cashier’s checks, virtual currency, prepaid debit cards, or money service businesses.
Some money mules know they are supporting criminal enterprises; others are unaware that they are helping criminals profit.
Money mules often receive a commission for their service, or they might provide assistance because they believe they have a trusting or romantic relationship with the individual who is asking for help.
If you are moving money at the direction of another person, you may be serving as a money mule.
What Are the Consequences?
Acting as a money mule is illegal and punishable, even if you aren’t aware you’re committing a crime.
If you are a money mule, you could be prosecuted and incarcerated as part of a criminal money laundering conspiracy. Some of the federal charges you could face include mail fraud, wire fraud, bank fraud, money laundering, and aggravated identity theft.
Serving as a money mule can also damage your credit and financial standing. Additionally, you risk having your own personally identifiable information stolen and used by the criminals you are working for, and you may be held personally liable for repaying money lost by victims.
What Are the Signs?
Work-from-Home Job Opportunities
- You received an unsolicited email or social media message that promises easy money for little or no effort.
- The “employer” you communicate with uses web-based email services (such as Gmail, Yahoo, Hotmail, Outlook, etc.).
- You are asked to open a bank account in your own name or in the name of a company you form to receive and transfer money.
- As an employee, you are asked to receive funds in your bank account and then “process” or “transfer” funds via: wire transfer, ACH, mail, or money service business (such as Western Union or MoneyGram).
- You are allowed to keep a portion of the money you transfer.
- Your duties have no specific job description.
Dating and Social Media Sites
- An online contact or companion, whom you have never met in person, asks you to receive money and then forward these funds to one or more individuals you do not know.
Protect Yourself
- Perform online searches to check the legitimacy of any company that offers you a job.
- Do not accept any job offers that ask you to use your own bank account to transfer money. A legitimate company will not ask you to do this.
- Be wary if an employer asks you to form a company to open up a new bank account.
- Be suspicious if an individual you met on a dating website wants to use your bank account for receiving and forwarding money.
- Never give your financial details to someone you don’t know and trust, especially if you met them online.
Report The Crime
You are the victim of organized transnational criminals!
Take this seriously. The reason scams are so out of control is that only about 1% of victims report these crimes!
- Every report matters!
- Police may not chase after the scammers but the reports help the government to extradite them!
- Reporting also restores your power and control!
- It helps you accept that you are the victim and not to blame!
Where To Report?
- Get prepared first: https://romancescamsnow.com/dating-scams/a-scam-victims-checklist-interacting-with-the-police/
- Report to your local police and get a report number!
- Report to your financial institutions and give them the report number!
- Report to your national police or the FBI at www.IC3.gov
- Report to the U.S. FTC at https://reportfraud.ftc.gov/#/?orgcode=SCARS
- Report to the SCARS global network at www.Anyscams.com
- Keep the evidence – you may need it later!
To learn more about the topics covered in this webinar visit:
- How To Explain It To Others
- Reporting Scammers – How To Tell Your Story To Your Local Police!
- 3 Steps For New Victims
- A Scam Victim’s Checklist
- Understanding Law Enforcement
- How Do You Get Closure?
- Why Reporting Matters?
- Reporting To The Local Police
- Reporting Romance Scams: Why Survivors Often Don’t
- 2022 Scam Update – A Podcast With Dr. Tim McGuinness And Debby Montgomery Johnson
- Psychology of Scams & Victim Trauma – Article Catalog
- Recovering from Scams – Article Catalog
- Information For Family & Friends – Article Catalog
- Money Mules & Money Laundering – Article Catalog
To learn more about who SCARS is visit www.AgainstScams.org To find a local counselor or therapist visit either: www.opencounseling.com and www.psychologytoday.com/us/therapists/trauma-and-ptsd If you are looking for a support group please contact us at: www.facebook.com/groups/SCARS.Avoidance.Information.Public.Group
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