Police say that children as young as 13 are becoming money mules. They are enticed by the offer of receiving cash and often do not realise that what they are doing is an offence REX/ShutterstockThousands of young children and teenagers are being paid by criminals to hide or launder stolen money in their bank accounts, The Times has learnt. Parents are being asked to monitor their children’s transactions after the number of youths used as “money mules” by fraudsters and gangsters nearly doubled in a year. Criminals offer the children cash, sometimes as little as £50, to transfer much larger sums of “dirty money” through their bank accounts. The children’s accounts are used to distribute the stolen cash, which is…

Source: The Times July 28, 2017 23:07 UTC