Please see below the following message from Thames Valley Police
|Message sent by|
|Action Fraud (Action Fraud, Administrator, National)|
|Students are being recruited, sometimes unwittingly, as “mules” by criminals to transfer illegally obtained money between different bank accounts.
What is a money mule?
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Students are particularly susceptible to adverts of this nature. For someone in full-time education, the opportunity for making money quickly can understandably be an attractive one. The mule will accept money into their bank account, before following further instructions on what to do with the funds. Instructions could include transferring the money into a separate specified account or withdrawing the cash and forwarding it on via money transfer service companies like Western Union or MoneyGram. The mule is generally paid a small percentage of the funds as they pass through their account.
Money Laundering is a criminal offence which can lead to prosecution and a custodial sentence. Furthermore, it can lead to the mule being unable to obtain credit in the UK and prevented from holding a bank account.
Be aware that the offence of money laundering carries a maximum prison sentence, in the UK, of 14 years.
Never give the details of your bank account to anyone that you do not trust.
No legitimate company will ever ask you to use your own bank account to transfer their money. Don’t accept any job offers that ask you to do this.
Be wary of unsolicited emails or social media posts promising ways of earning easy money. If it seems too good to be true, it probably is.
Don’t be afraid to question the legitimacy of any businesses that make you a job offer, especially if the recruitment procedure strays from the conventional.