Money Mule Scam - Transfering Stolen Cash

Online money mule scam is when scammers try to use you to move stolen money. The scammers send money to you, sometimes by check, then ask you to send (some of) it to someone else. They often want you to use gift cards or wire transfers.

Money Mule Scam - Transfering Stolen Cash

How the Money Mule Scam Works

After sending you the check, if you deposit it, it may clear but then later turn out to be a fake check. The bank will want you to repay it. If you give the scammer your account information, they may misuse it. You could even get into legal trouble for helping a scammer move stolen money.

How can you avoid money mule scams?

  • Don’t accept a job that asks you to transfer money. They may tell you to send money to a “client” or “supplier.” Say no. You may be helping a scammer move stolen money.
  • Never send money to collect a prize. That’s always a scam, and they might be trying to get you to move stolen money.
  • Don’t send money back to an online love interest who’s sent you money. Also always a scam — and another a way to get you to move stolen money.

Criminals are good at making up reasons to help them move money. Don’t do it. The money may be from other people they scammed. You may be helping criminals hurt people just like you.

If you think you might be involved in a money mule or money transfer scam, stop transferring money. Notify your bank, the wire transfer service, or any gift card companies involved.

Check the comment section below for additional information, share what you know, or ask a question about this article by leaving a comment below. And, to quickly find answers to your questions, use our search Search engine.

Note: Some of the information in samples on this website may have been impersonated or spoofed.
Was this article helpful?  +
Share this with others:

Comments, Questions, Answers, or Reviews

There are no comments as yet, please leave one below or revisit.

To protect your privacy, please do not post or remove sensitive information in or from your comments, questions, or reviews. NB: We will use your IP address to display your approximate location to other users when you make a post. That location is not enough to find you.

Your comment, answer, or review will be set as anonymous because you are not signed in. An anonymous comment, answer, or review cannot be edited or deleted, therefore, review it carefully before posting. Sign-in.

Write Your Comment, Question, Answer, or Review

Money Mule Scam - Transfering Stolen Cash