High
10/06/2009

Don’t be a money mule!

New money laundering scam is illegal and will cost you money.

Money mule schemes work by advertising jobs either in emails or web sites. Once you've accepted the job you'll be asked by your new employer to receive some money into your bank account. This money will have been stolen from another victim's bank account. You are then asked to get Ukash with this money, keeping a 'commission' for yourself and then to send the vouchers to your new employer. The vouchers are then used by the fraudulent employer but the stolen funds previously transferred into your bank account, including any 'commission', will be claimed back by the victim's bank.

Beware that accepting these funds into your bank account is a criminal offence under anti money laundering laws and you will lose all of the money received.

Find out more about money mule scams here.

 

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Smart Voucher Limited. (of which Ukash is a trading name) is authorised and regulated by the Financial Services Authority in the United Kingdom as an electronic money institution. This regulation has been passported to all other countries in which Smart Voucher Ltd operates, with approval from the relevant local regulator. Smart Voucher Ltd (trading as Ukash) FSA register number: 900007, Company Number 4202050 registered in England & Wales at 5-7 Tanner Street, London, SE1 3LE, UK.

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