BRUSSELS, Belgium—A worldwide three-month action involving law enforcement from 25 countries has confiscated more than $18.39 million from “money mules” and nearly 2,500 suspects have been arrested, according to the Organized Crime and Corruption Reporting Project.
Money mules are people who help launder illegal money and move it around, either by physically carrying it from place to place or allowing it to be transferred through their bank accounts for a commission.
From mid-September through the end of November, 8,755 money mules were detected, along with 222 money mule recruiters, while a total of 2,469 people were arrested internationally, Europol said in a statement.
Europol, Eurojust, Interpol, and the European Banking Federation (EBF) all backed the operation – European Money Mule Action (EMMA)--which took place in nations as widely apart as Colombia, Singapore, and Australia, Organized Crime and Corruption Reporting Project reported.
The operation also resulted in the launch of 1,648 criminal investigations and the identification of 4,089 fraudulent transactions, according to Europol.
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