Fourth European Money Mule Action
Europol, Eurojust and the European Banking Federation (EBF) reported on the fourth European Money Mule Action “EMMA 4” – a global law enforcement action week tackling the issue of money muling. According to the joint press release of 4 December 2018, the action led to the arrest of 140 money mule organisers and 168 persons. In addition, 1504 money mules were identified (for previous actions, see eucrim 1/2016, p. 6).
Thirty states took part in the action that ran from September to November 2018, together with the European institutions. Furthermore, over 300 banks supported the action.
In addition, a money muling awareness raising campaign was kicked off on 4 December 2018.Information is provided under #DontBeAMule on how these criminals operate, how one can protect oneself, and what to do if one becomes a victim.
Money mules are persons who, often unwittingly, transfer illegally obtained money between different accounts on behalf of others. They are regularly tricked by criminal organisations that promise easy money.