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...