FBI Plans to Chase Online Money Mules

The FBI’s top anti-cyber crime official today said the agency is planning a law enforcement action against so-called “money mules,” individuals willingly or unwittingly roped into helping organized computer crooks launder money stolen through online banking fraud. Read the full article...

ID Theft Criminal Sentenced to 309 Years in Prison

Robert Thompson, also known as John Lawson, age 43, of Zachary, La., was sentenced to a term of 309 years in prison. Thompson, the leader of a massive identity theft and bribery scheme, was sentenced based on charges of conspiracy, wire fraud, mail fraud, bank fraud, computer fraud, access device...

Online eBay Criminals Sentenced to Jail, Fined

Two Bulgarians have been sentenced for their roles in an online money-laundering scheme that collected about $1.2 million from U.S. residents and sent it to a criminal group in Eastern Europe, the U.S. Department of Justice said. Read the full article. Computerworld...

UK Police Warn Job Seekers to Avoid Being Money Mules

The Serious Organised Crime Agency Soca says websites are currently being used to recruit “money mules”. The “mules” are ordinary people who send and receive payments through their bank accounts to facilitate business. But in reality, the cash has been laundered from crime, leaving unwitting mule...

FBI: SMBs Lost $40M in Bank Trojan Attacks

Hackers using a sophisticated network of banking Trojans money mules have stolen about $40 million from small and medium-sized businesses in the U.S., according to the latest installment in a series by Washington Post writer Brian Krebs. Krebs quotes an FBI official as saying the criminals involv...