Money Mule Scams

What is a Money Mule Scam?

Money mule scams happen when scammers use consumers to hide or move illegally obtained money for them. Whether or not you are aware of the scam, acting as a money mule is illegal and may have legal consequences.

Red Flags of Money Mule Scams

1. Watch out for unsolicited emails, texts, or other forms of communication promising easy money!
2. Anyone you don't know asking for any personal information, including access to your bank account, is suspicious! Never give out personal information to someone you don't know and trust!
3. If someone you don't know asks you to purchase virtual currency or gift cards on their behalf is suspicious.
4. If anyone asks you to send money to them, including romantic interests, after they have sent you a check is suspicious.
5. Research businesses and companies when offered a job.

If you spot a scam:

• Stop communicating with the scammer right away.
• Tell your bank and all other payment providers right away.
• File a complaint with the FBI Internet Crime Complaint Center.
• If the victim is an elder, call the National Elder Fraud Hotline at 1-833-FRAUD-11 (1-833-372-8311).

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