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September 29, 2016

‘Money Mule’ Gangs Turn to Bitcoin ATMs

This post was originally published on this siteFraudsters who hack corporate bank accounts typically launder stolen funds by making deposits from the hacked company into accounts owned by “money mules,” willing or unwitting dupes recruited through work-at-home job scams. The mules usually are then asked to withdraw the funds in cash and wire the money to the scammers. Increasingly, however, the mules are being instructed to remit the stolen money via Bitcoin ATMs. [embedded content] I recently heard from a reader in Canada who said she’d recently accepted a job as a customer service officer for a company called LunarBay. This company […]