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Wales Online
Wales Online
Neil Shaw

Young people happy to accept money into account without knowing where it's from

Six in 10 young adults would be open to making extra cash by accepting money into their bank account and transferring it to someone else without knowing where it came from - despite money laundering being illegal.

The study, of 1,000 18-30-year-olds, found 32 per cent could have unknowingly engaged in this activity known as ‘money muling’.

This type of fraud is being disguised as job adverts online offering an easy way to make quick money, where they keep a ‘commission’ after sending the funds elsewhere.

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