By Jessica Winch 12:45PM GMT 26 Feb 2013
Figures from Financial Fraud Action UK, which tackles fraud on behalf of banks, show that around 15pc of British adults receive scam job offers which effectively turn participants into ‘money mules’.
The study said that low-income groups such as students and jobseekers were specifically targeted.
DCI Dave Carter from the Dedicated Cheque and Plastic Crime Unit (DCPCU), a fraud unit sponsored by the banking industry, said: “What might initially seem an attractive method of boosting your income during tough times is in reality the work of determined international criminals, aiming to turn the public into an unwitting army of accomplices to fraud.”
The fraudsters offer jobs with titles such as ‘money transfer agent’ or ‘payment processing agent’.
The participant receives money into their bank account and transfers it to another account, keeping a cut for themselves
According to Financial Fraud Action, the money – often the result of fraud on other accounts – is then laundered to overseas bank accounts.
People who become involved could have their bank accounts frozen and if prosecuted face a prison sentence of up to ten years.
Financial Fraud Action commissioned ICM to survey 2,000 adults in November last year along with separate work with groups of unemployed adults, students and people who have lived in the UK for less than five years.
Of the 15pc who had received these job offers, a fifth considered accepting and 6pc went on to volunteer.
Extrapolating nationally from the survey, Financial Fraud Action estimated that 380,000 people were at risk of becoming unwitting money launderers.
The figures were larger among students and new entrants to the UK, with 19pc and 20pc respectively accepting the work.
Crimestoppers has recently launched a campaign in universities across the UK to warn students not to get involved in money laundering.
Sadie Miller, development manager for Crimestoppers, said: "Money laundering is a serious offence and Crimestoppers has launched this money mules campaign in universities across the UK to make students and members of the public aware of these prowling fraudsters
- by falkor Sun Jun 25, 2017 3:14 pm at age 17, should undertake a "conscription-type" year, FOGLE View the latest post Replies 1 Views 409
- by Marlon Sun Jun 11, 2017 7:59 pm Nine out of 10 burglaries in London go unsolved View the latest post Replies 3 Views 589
- by falkor Mon May 29, 2017 6:44 am everybody, please donate £10 View the latest post Replies 1 Views 483
- by 7133 Sun Mar 05, 2017 8:44 pm can I go picking wild flowers in the woods? View the latest post Replies 5 Views 1083
- by AdamHick Mon Feb 20, 2017 1:04 pm roll call - COFFEE TIME! View the latest post Replies 149 Views 57106
- by powdermonkey Tue Aug 02, 2016 1:17 pm can we go to Mars in ten years? View the latest post Replies 13 Views 1707
- by lilly5 Mon Jul 25, 2016 5:45 pm eyesight requirements- confusion? View the latest post Replies 6 Views 1064
- by powdermonkey Tue Jun 21, 2016 12:29 pm Detention Officers £14,529 – £18.093 (on appointment) View the latest post Replies 5 Views 2775
- by JimmyRiddle Mon Apr 04, 2016 9:13 am Motorway Patrol UK View the latest post Replies 2 Views 1068
- by Pedge Wed Feb 03, 2016 11:16 pm PCSO videos only!! View the latest post Replies 63 Views 10162
- by wiggum Wed Feb 03, 2016 12:10 am btp free travel?? View the latest post Replies 13 Views 1416
- by wiggum Thu Jan 28, 2016 10:01 pm roll call 2016 View the latest post Replies 10 Views 1533
- by Bert Moffat Sun Jan 03, 2016 6:12 pm All the best.... View the latest post Replies 4 Views 1086
- by Xray5 Mon Nov 16, 2015 1:16 pm Dash Cams View the latest post Replies 5 Views 1310
- by JimmyRiddle Mon Oct 19, 2015 11:13 am Is the site broken ? View the latest post Replies 21 Views 3025
- by powdermonkey Tue Oct 13, 2015 12:00 am legal tender? View the latest post Replies 5 Views 1528
- by Bert Moffat Mon Sep 21, 2015 6:30 pm 2016 PCSO Calendar (5MB download) View the latest post Replies 4 Views 1681
- by Big Brother Wed Sep 02, 2015 2:10 pm upgrading from Windows7/ 8 to 10 View the latest post Replies 4 Views 1262
- by falkor Sun Jun 14, 2015 5:02 pm 2014 PCSO documentary View the latest post Replies 1 Views 1038
- by falkor Sun Jun 14, 2015 12:22 pm this is WHY you should be a PCSO View the latest post Replies 1 Views 975
- by falkor Sun Jun 14, 2015 10:09 am explaining what PCSOS do in 2015 View the latest post Replies 1 Views 1018
- by JimmyRiddle Thu Jun 04, 2015 8:49 am 'Biteback' dog spray View the latest post Replies 1 Views 1134
- by gibbsw42 Tue May 26, 2015 2:04 pm error View the latest post Replies 3 Views 980
- by JimmyRiddle Fri May 22, 2015 7:24 am Election TV debate: our Leaders clash View the latest post Replies 6 Views 1363
- by Flying Warden Tue Mar 31, 2015 10:24 pm Could this be the end of the PCSO ?? View the latest post Replies 9 Views 1933
- by falkor Mon Feb 23, 2015 8:36 pm first dungeon of 2015 View the latest post Replies 8 Views 1714
- by JimmyRiddle Fri Feb 20, 2015 2:39 am What type of equipment do you take out with you? View the latest post Replies 22 Views 3423
- by JimmyRiddle Thu Feb 19, 2015 10:39 pm Route to PC View the latest post Replies 3 Views 1487
- by the dark lord Mon Feb 02, 2015 10:17 pm is anti climb paint legal? can you use it at home? View the latest post Replies 5 Views 1307
- by JimmyRiddle Sun Jan 04, 2015 11:16 pm City and Guilds Certificate in Policing FOR PCSOS View the latest post Replies 5 Views 1257
- by falkor Sat Dec 13, 2014 9:08 pm Happy Christmas you Merry Santas! View the latest post Replies 1 Views 1083
- by naughtygoose Wed Dec 10, 2014 1:25 pm Polishing boots View the latest post Replies 6 Views 1317
- by powdermonkey Mon Dec 01, 2014 1:58 am swap a role View the latest post Replies 4 Views 1032
- by powdermonkey Wed Nov 26, 2014 5:40 pm Police: Stop using us as ambulance drivers!! View the latest post Replies 2 Views 826
- by Big Brother Sun Nov 16, 2014 10:20 pm Boots (again!) View the latest post Replies 13 Views 2502
- by Raven Sun Nov 02, 2014 2:10 pm Recruitment is back on View the latest post Replies 15 Views 1967
- by falkor Fri Oct 31, 2014 3:14 pm Friends Page for 2014/ 2015 View the latest post Replies 1 Views 1214
- by powdermonkey Tue Oct 07, 2014 11:53 pm Police Witness, a private company that sifts through footage View the latest post Replies 5 Views 1261
OFF TOPIC is for any news story not directly linked to PCSO issues, off duty leisure pursuits. Sailing down the Thames. Playing computer games or basket weaving.