(PRWEB UK) 26 February 2013
According to a BBC News article fraud experts are warning that hundreds of thousands of people are in danger of being duped into laundering money for fraudsters. Many are unwittingly becoming money mules who allow their own bank accounts to be used to disguise the proceeds of crimes.
The report goes on that the study carried out by Financial Fraud Action, who tackle fraud on behalf of banks said it was a serious problem especially for students, new entrants to the country and jobseekers. The fraudsters target people who are hard up for money and are easily enticed into taking a job that can offer up to 8% of the cash being handled. However, the risk to the mule is colossal with their bank accounts being frozen and if prosecuted they could be sent to prison for up to 10 years.
Private Investigators Birmingham has been looking into this money mule situation and other fraudulent activities that can affect unsuspecting people into becoming criminals.
Kirsty George, spokesperson for Private Investigators Birmingham said:
“In my professional opinion potential money mules need to be more informed, ignorance is not bliss for these people and they will be dealt with by the authorities harshly and could get as much as a 10 years in prison. It is vital that information and advice is given to the most vulnerable of these targets. After all almost every criminal transaction that goes on depends on money mules to launder the money.”
Private Investigators Birmingham along with their sister company Private Investigators Bristol is a team of highly trained professional and discreet private investigators and detectives with over 35 years’ experience in the industry. Their understanding and approachable team of male and female detectives are available 24/7 to conduct matrimonial, corporate and private investigations.