Intelligence
What is Money mule?
A person, knowingly or not, who moves stolen money through their own bank or crypto accounts so the criminals behind it are harder to trace.
A money mule moves criminal proceeds through their own bank, payment or crypto accounts, adding distance between the fraud and the people behind it. Some mules know what they are doing. Others are recruited through fake job ads or romance scams and believe the work is legitimate.
Mule networks are a critical part of fraud and BEC operations, because stolen funds have to pass through accounts that can be cashed out before banks freeze them.