Hidden Money Mules

Understanding How Mules Operate

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Money mules are instrumental to financial crimes, acting as witting or unwitting conduits between fraud and money laundering. Their activities obfuscate criminals’ identities and their sources of funds, facilitate the deposit and flow of illicit proceeds around the world, and aid in funding heinous crimes such as human trafficking and terrorist financing — all while evading AML/CFT controls and regulatory scrutiny.

This infographic provides a concise overview of money mule activities, highlighting how they are recruited, how they operate, and why they pose a prevalent threat — hidden within customer-bases at financial institutions.

Tagged as...

  •   BSA/AML Compliance
  •   Fraud
  •   Money Laundering
  •   Money Mule

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