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Local students warned of severe consequences of acting as money mules

Sep 11, 2023 18:09 By Shannonside News
Local students warned of severe consequences of acting as money mules
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7 and a half million euro was transferred illegally through mule accounts in the first half of 2023.

Students in the Shannonside Northern Sound Region are being warned not to become money mules.

7 and a half million euro was transferred illegally through mule accounts in the first half of 2023.

Most of the accounts belonged to those aged between 18 and 24 - college-aged students.

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Students are being warned to be vigilant and not accept money from strangers even as a favour.

Michelle O'Hara from the Money Advice and Budgeting Service (MABS) says the penalties for acting as a money mule are severe:

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