Money Mules

Clicking on one of these dangerous hashtags could land you in prison for 14 years

Santander have reported that an alarming amount of people under the age of 25 are being tricked into clicking on fraudulent hashtags and becoming money mules – a crime which can see lead to a prison sentence of up to 14 years. Money mules are individuals who allow criminals to use their bank accounts to transfer money associated with illegal activity, and are more often than not offered cash in return for doing so. Santander says that the amount of money mules has increased by 29 per cent in the last year alone, with 49 per cent of them being under the age of 25 – 70 per cent of people are said to be unaware about what a money mule actually is, which a factor which illustrates just how valuable unsuspecting social media users can be to criminals.

These are the hashtags NOT to click on:

#Moneyflipsuk

#Mflipssss

#Deetsandflips

#Deetsandflipping

#legitmoneyflips

#flipsanddeets

#PayPalFlip

#RealMoneyTransfers

#UkFlips

#EasyMoney

For more information please visit the media article below:

https://www.mirror.co.uk/money/ten-hashtags-clicking-can-land-19349453

Many thanks

Nigel

Mr Nigel Sutton

Fraud and Cyber Security Advisor | Specialist Crime Team

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