Phishers recruiting money mules

Powered by SC Magazine
 

Phishers are recruiting money laundering "mules" in the UK with "make-money-at-home" offers tendered via email, said a security firm this week.

Phishers are recruiting money laundering "mules" in the UK with "make-money-at-home" offers tendered via email, said a security firm this week.

According to Sophos, a UK-based anti-virus vendor, messages titled "Work From Home: Prepare to Succeed" have been mass-mailed by phishing gangs looking for people to wash ill-gotten gains by moving funds into and out of their bank accounts.

Recruits receive money in their accounts, then transfer the funds to another account via Western Union wire transfers.

"You will be paid according to accomplished work " 10 percent from the sum of each money transfer," one of the emails reads.

The come-on claimed that respondents would process one or two transfers each week, and that the amounts would range from £2000 to £2500.

"[This is] obviously tempting, but computer users need to make sure they don't fall for this scam," said Graham Cluley, a Sophos senior technology consultant, in a statement. "Not only will they be assisting a criminal gang, they may find themselves suspected of fraud.

This is like agreeing to help out at a taxi firm only to discover later you were a getaway driver for a bank robbery."

In May, a dozen suspected phishing money launderers were arrested in the UK by the National High-Tech Crime Unit (NHTCU), the country's cyber-crime squad. Four of them, two men and two women, from Russia, Estonia, and Ukraine, were charged in criminal court in mid-October, and now await trial.


 
 
 
Top Stories
Content, cost & constant innovation: How Foxtel plans to take on Netflix
Nell Payne inhabits the “brave new world of blue strings and networking”. Just don't ask her to put a TV screen on your microwave.
 
Sending in the drones
Margins are getting tighter in the industrial services industry, so Transfield Services' Stephen Phillips looks offshore - and to the skies - for the solutions he needs to keep pace.
 
Westpac fires starting pistol on core banking upgrade
St George readies itself for move to Celeriti.
 
 
Sign up to receive iTnews email bulletins
   FOLLOW US...
Latest Comments
Polls
Should Optus make a bid for iiNet?

   |   View results
Yes
  44%
 
No
  56%
TOTAL VOTES: 524

Vote