UK Money Mules New Plan Of Action To Disrupt Organized Crime – 2024

UK Money Mules New Plan Of Action

Biggest ever Crackdown on Money Mules in the UK

Efforts to disrupt money mule activity and support exploited victims will be strengthened through a new action plan.

Author:
• Government of the United Kingdom, Home Office
• SCARS Editorial Team – Society of Citizens Against Relationship Scams Inc.

About This Article

The Security Minister, Tom Tugendhat, unveiled a comprehensive 22-point action plan aimed at strengthening efforts to combat money mule activity and support exploited victims. With a focus on raising awareness of child financial exploitation and enhancing joint working to identify complicit mules through intelligence sharing, the plan addresses the growing threat posed by these criminal networks.

Money mules, individuals who facilitate the movement of illegally obtained funds for criminals, pose a significant challenge, with Cifas estimating 37,000 bank accounts demonstrating mule behavior in 2023.

Authors:
• SCARS Editorial Team – Society of Citizens Against Relationship Scams Inc.
• Portions EUROPOL

For Money Mules, Their Paper Trail Ends In Jail Time For 1,013 Money Mules As A Result Of The 2023 Europol Actions Against Money Mules

2,822 banks and financial institutions join forces with law enforcement agencies against Money Mules in a global effort against money laundering!

Law enforcement agencies from 26 countries, in collaboration with Europol, Eurojust, INTERPOL, and several private industry partners, have once again joined forces to combat a key facilitator of money laundering: money mules and their recruiters. In June, October, and November 2023, several operational phases identified 10,759 money mules and 474 recruiters, leading to the arrest of 1,013 individuals worldwide.