Thursday, 05 December 2019 10:50


Stay alert for job ads and social media posts that promise easy money

Don't be a money mule



Money mules help criminal syndicates to remain anonymous while moving funds around the world. They are often individuals who, often unwittingly, have been recruited by criminal organisations as money laundering agents to hide the origin of money obtained via criminal activities. Tricked by the promise of easy money, mules transfer stolen funds between accounts, often in different countries, on behalf of others and are usually offered a share of the funds that pass through their own accounts.

This is money laundering, it’s illegal, and the consequences can be severe for you.

How are money mules recruited?

Criminals will attempt to recruit money mules by

You should be suspicious of any opportunity to make easy money. Ignore any job offer involving money transfers through your bank account, regardless of how authentic they may seem. If an opportunity sounds too good to be true, it probably is.

Watch out for these warning signs:

The following characteristics do not necessarily indicate money mule solicitation, but they are commonly used.

As with most scams, if it looks too good to be true – it probably is.

Remember these prevention tips: 

It’s dangerous and it's not worth it:

What to do if you think you may be involved in a money muling scheme?

Stop transferring money immediately. Notify your bank and alert the police. If you have concerns about your account contact us on 1300 13 14 20.