Money Muling

Published by Franziska on

Last Updated on 20. March 2023 by Martin Schuster

Money Muling is not so much a plagiarism but a scam. They are approached via job offers with the promise of making money quickly – even without prior training or expertise. The alleged companies often have a credible website or misuse the names of companies that actually exist. Everything is seemingly official: employment contracts are drawn up and handed out by e-mail.

As part of the supposed employment, the individuals are supposed to receive and withdraw funds via their own bank accounts and exchange them for a cryptocurrency via a bill of exchange. In return, the money mule is then allowed to keep a commission of the transaction amount. As this is money laundering, this is illegal.

Categories:

https://blockchain-academy.hs-mittweida.de/wp-content/uploads/2021/04/logo_bcam_rgb_gross.png

Welcome

Blockchain Academy

Continue with credential

No account yet?

Powered by Hidy

Register with Hidy


Register
Sign in

We need the following credential to register:

please select:

To create a new account, we need the following data from you:

We would appreciate the following additional information from you for the creation of your account:

Welcome

Blockchain Academy

Continue with credential

Already have an account?

Powered by Hidy

Sign in with Hidy


Register
Sign in

We need the following credential to log in:

please select:
Do you need assistance?
Click here to open chat.

Privacy Notice: This chat sends your questions to an external AI server.
How can we help you?
  • Please note: All questions, chat history, and feedback are sent to an external AI server for processing. Do not share sensitive personal information.

    All responses are generated by AI. Independently verify and fact-check all information before use.
  • No Chat History yet, start talking...