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Gardai warn students not to ‘destroy their future’ by acting as money mules as they reveal 17 juveniles arrested

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Gardai warn students not to ‘destroy their future’ by acting as money mules as they reveal 17 juveniles arrested.

 

GARDAI has warned students not to “destroy their future” by acting as money mules.

It comes as a report revealed 17 juveniles were arrested for the crime as gardai warned parents organized crime gangs were targeting schools.

Gardai warn students not to ‘destroy their future’ by acting as money mules as they reveal 17 juveniles arrested
Reuters

Gardai have warned that organized crime gangs are targeting young people in secondary schools, colleges, and via social media[/caption]

Gardai warn students not to ‘destroy their future’ by acting as money mules as they reveal 17 juveniles arrested
Alamy

A total of €1.5million was transferred through people’s accounts, and 32 money mules have been arrested to date[/caption]

Gardai have today launched Fraud Week to discourage people from getting involved with money mules.

A money mule is someone who allows others to use their bank accounts and is the recipient and/or disburser of fraudulent or illegally obtained funds.

An ongoing investigation by gardai has revealed that 53 people acted as money mules.

A total of €1.5million was transferred through their accounts, and 32 people have been arrested to date – 17 of which were juveniles.

20 male money mules have been arrested, ranging in age from 16 to 38-years-old, with an average age of 21.

12 females aged between 15 and 22 have been arrested, with an average age of 19.

SOCIAL MEDIA DANGER

Most of them have no prior interaction with gardai.

It was revealed that 90 percent of money mule transactions are linked to cybercrime.

Gardai have warned that organized crime gangs target young people in secondary schools, colleges, and social media, including messaging apps.

The Garda National Economic Crime Bureau (GNECB) advised parents, guardians, and teachers to teach young people “how serious this is.”

They said parents and teachers need to “recognize this for what it is” and advise young people of the dangers and ramifications.

PARENT AND TEACHER ADVICE

GNECB told parents and teachers to work with gardai to reduce the numbers prepared to act as money mules and reduce organized crime capacity.

They said parents need to educate their children not to act as money mules and teachers need to be alert to the people in their classes recruiting money mules.

They added: “Students need to know how they will destroy their future if they act as a money mule.”

Gardai educated people on the two types of money mules to look out for – complicit and non-complicit.

Complicit money mules are people directly recruited by a criminal group and are aware the money is the proceeds of criminal activity.

A non-complicit money mule is recruited unwillingly and usually takes the form of a “too good to be true” earning opportunity.

Money muling can also look like a financial manager or money transfer agent’s job offer.

Gardai added: “A money mule can be coerced against their will – either bullied or threatened, can be paying off a drug debt, or thinks they are helping a ‘friend’ who can’t access banks/bank account.”