200 arrested in global crackdown on money laundering

Uncategorized Taufiq Sugeng 04-Dec-2019

More than 200 people were arrested in 31 countries by Europol as part of a crackdown on global money laundering. The arrests mainly took place between September and November resulting in 228 arrests of people involved in money muling.

Recruiters of money mules have been turning to social media and dating sides in order to deceive people into opening bank accounts and sending or receiving funds. Europol warned that even if money mules acted unwittingly, the were committing a crime and would face the consequences.

These arrests prevented a total lost of US$14.3 million and involved law enforcement from the EU as well as Australia the US and Ukraine.