A recent chat with an individual who was almost tricked into helping organized criminals launder thousands of dollars stolen through e-banking fraud introduced me to one of the most clever and convincing money mule recruitment Web sites I’ve ever encountered.… Read More »
The FBI’s top anti-cyber crime official today said the agency is planning a law enforcement action against so-called “money mules,” individuals willingly or unwittingly roped into helping organized computer crooks launder money stolen through online banking fraud. Patrick Carney, acting… Read More »
Much digital ink has been spilled in this blog detailing the activities of so-called “money mules,” willing or unwitting individuals here in the United States who are lured into laundering money for international organized cyber crime gangs. The subject almost always generates fierce debate among readers about whether these mules should be prosecuted, and the debate usually hinges on whether the mules knew that they were contributing to a crime.
I have written a great deal about how organized cyber gangs in Eastern Europe drained tens of millions of dollars from the bank accounts of small- to mid-sized businesses last year. But new evidence indicates one of the gangs chiefly responsible for these attacks actually managed to hack directly into a U.S. bank last year and siphon off tens of thousands of dollars.
