Technology

Money Mules Targeted

Cyber criminals know how to steal online funds, but the criminals who know how to convert those funds into cash are now being targeted specifically by the FBI. ...

Federal News Network Staff

May 17, 2010 2:08 pm

< a min read

Cyber criminals know how to steal online funds, but the criminals who know how to convert those funds into cash are now being targeted specifically by the FBI.

Agency officials say they’re targeting – what they call – the “money mules” who receive the transfers of stolen funds into their bank accounts. They then make the transaction appear legitimate, sending the money to associates in other countries.

The FBI hopes to raise public awareness and dissuade people from becoming mules.