The police have issued a warning to the public about the growing Money Mule Scam.
According to the alert, scammers contact victims through numerous communication channels using false identities, convincing the victim to accept money into their accounts, and then transferring stolen or fraudulent funds to the victim’s bank account.
The victim, who is now a money mule, is then ordered to transfer the funds to other accounts, initiating a chain reaction that eventually results in the money being transferred to the fraudster’s account.
The authorities have also issued another warning, urging residents to be on the lookout for suspension email scams.
The alert stated, that a victim may get messages reading, “Suspension Notice: Your account services have been marked for suspension due to a violation of our terms and conditions.” To prevent this, you must authenticate your account.
