Woman's Own

MONEY matters

READER QUESTION

Q I’ve heard the term ‘money mule’ a few times recently. Can you explain what it means?

Money mules are people who use their bank account to receive criminal cash. People can be duped or pressured into it through social media, fake job ads or emails, promising cash in exchange for making transfers, withdrawing and depositing money. There’s been a sharp rise in people aged over 40 acting as money mules in the last year,

You’re reading a preview, subscribe to read more.

More from Woman's Own

Woman's Own2 min read
Book CLUB
by Nikki Smith (£8.99, PB, Penguin) From moonlit walks along the beach to snorkelling in the crystal-clear sea, a stay at the luxurious Asana Fushi resort in the Maldives is to die for. Zach and Cara Hamilton and their teenage daughter Alexa arrive
Woman's Own3 min readFinance & Money Management
MONEY Matters
Q How common is it to have a joint account with your other half? A According to a study by TSB of people who are either married or in long-term relationships, 61% have access to joint accounts. However, four in five of those with a joint account also
Woman's Own2 min read
Would You Get A Pet Prenup?
Zita Wells, 54, runs a dog walking and pet-care service in Sussex. When my long-term relationship came to an end, we had to decide how to split care for our beloved springer spaniel Bramble. We both doted on her, and knew we would have to pull toget

Related Books & Audiobooks