The DoJ Clamps Down Further on Money Mules, Arrests 600 This Year Alone

Fintoism DoJ Money Mules

Money mules have become – and remainder – a very serious problem across the United States.

Authorities have been looking for ways to put an end to this criminal business model, and those efforts have finally begun to pay off.

Stopping More Money Mules is Crucial

The main order of business for US authorities is to increase the number of money mules they can effectively prevent from performing their tasks. In the year 2018, 400 mules were stopped in their tracks. Throughout 2019, those figures have already increased to 600, representing a 50% growth.

The Justice Department has confirmed it will continue to crack down on money mules. These middlemen often facilitate money laundering and fraud rings by receiving money and forwarding it to the “ring leaders’ who often reside in other countries. 

Despite the 600 money mules being stopped, very few of them face criminal charges. The DoJ indicates how just over 30 individuals have been charged in a criminal manner. While this is a 300% increase compared to 2018, there is still plenty of work to be done. 

FBI Director Christopher Wray adds:

“The Money Mule initiative highlights the importance of partnership to stop fraud schemes, and it sends a message to all who are engaged in money mule activity that they will be caught and prosecuted. I want to thank our state and local partners for all their efforts to protect the American people from these threats.”

While money mule-related scans are well-known to the public, they still claim victims every single year. Particularly in the US, a fair few different variations of these scams have become apparent in recent months. That includes an increase in sweepstakes scams, technical support scams, and even veteran benefit redirection scams. 

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