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From first scam to money mule: inside the modern fraud lifecycle
It is comforting to believe in the phrase “fooled once, never fooled twice”, but in the modern fraud lifecycle that assumption no longer holds....
Valentine’s scams and the dark side of gift cards
Valentine’s Day vouchers were once viewed as harmless gestures, far removed from any association with scams. Today, however, prepaid gift cards has become an...
The rise of money mules in UK fraud: Prevention and detection
Fraud in the UK has become a significant concern, with 40% of crimes being fraudulent. Money muling is at the forefront, where fraudsters utilise synthetic or real mule accounts for financial gain. The UK government, recognizing the seriousness, plans to publish an action plan to combat this issue.
