“A money mule is a person who allows or facilitates their account to be used for the transfer of illegally obtained funds ...

The money mule problem in Australia is growing There were 9,000 mule accounts detected in the 2023-24 financial year, and nearly 13,000 were discovered in the 2024-25 financial year. A Sydney woman ...

ABA chief executive Anna Bligh said mule accounts were a key part of a scammer’s business model and banks were focused on identifying, investigating and shutting them down.

Don't let cybercriminals turn your bank account into a money mule. That's the warning from authorities who have issued a major alert to bank customers, some of whom have been taking payments of as ...