Mules Carry More than You Think
Mule accounts are most well known for their role in the fraud supply chain infrastructure and the money laundering process. But what some financial institutions do not realize is the reputational damage, regulatory risk, and comprehensive financial impact that goes along with them. Learn even more about the impact mules can have by requesting an intelligence briefing with a global expert.
90%
of money mule transactions link directly to cybercrime
78%⬆
in money mule activity among persons under 21
33%
of financial institutions cite lack of resources as their biggest challenge to addressing mules
79%
of confirmed mule accounts were highly active 90 days before an incoming payment
