Don’t Be a Money Mule

Question all let nothing leave you wondering…

Members 1st FCU

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Money Mules are people who are used to launder stolen money or some type of merchandise. Criminals may even recruit money mules to use stolen credit cards or other information. Individuals being used as money mules may be willing participants or unknowingly be used to commit fraud. We have seen our members become involved in these scams, which potentially cause a loss to them, Members 1st, or a victim at another credit union or bank.

The most popular scam method is disguised as a “work from home” opportunity, which targets unsuspecting people interested in jobs with convenience and flexibility. Recruiting may occur through the mail or online by what only appears to be a legitimate website or advertisement. The fraudulent company will collect personal data from you such as your social security number and information on your credit union account. You may be asked to sign a seemingly official contract…

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