More people in their 50s and 60s are being unsuspectedly recruited by criminals for money laundering.
Shropshire and Telford’s not-for-profit savings and loans co-operative says there is evidence that more people in their 50s and 60s are being unsuspectedly recruited by criminals for money laundering.
“Recent figures show that around four out of 10 instances of fraud on current accounts are related to money mules. These figures also show that the profile of people involved is changing, with many more older people and business accounts being used. Recruitment could be by text and emails offering healthy returns for minimal work; job adverts, romance-related scams and investment plans offering high returns.
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