The rise of the money mule has banks and federal police on high alert

According to ABC News Australia, banks and federal police are raising alarms over a rising wave of money mule scams. Romance fraud victims are being exploited in an unexpected second act: after their accounts are drained, scammers make an unusual request — help move stolen money through the victim's own bank account. Graham Guy lived this nightmare, losing money to romance fraud over several years before finding himself unwittingly drawn into criminal activity. The scheme uses vulnerable people as unwitting money laundering networks, and authorities say it's becoming increasingly common.

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