The US Department of Justice and several other federal law enforcement agencies have completed the third annual Money Mule Initiative, a collaborative operation to disrupt transnational money laundering networks.
Financial criminals hire money mules to receive money from their victims and forward it to their foreign addresses. In the past 2 months, US law enforcement agencies acted against about 2,300 money mules in over 92 federal districts.
The targeted money mules took part in various fraudulent schemes like lottery fraud, government imposter fraud, unemployment insurance fraud etc. Authorities have also charged or arrested over 35 people for their roles in laundering the money received from fraud victims.
Source: US Department of Justice