Monday 2 November
Global

Your region, kept on this device.

Romance scammers are recruiting US citizens as money mules to launder funds

Severity
Medium
Sources
1

Romance scam operators are recruiting US residents as money mules to move proceeds of crime for international fraud networks, as reported by the Wall Street Journal and cited by KnowBe4. The case of Garrick Stafford, a Texan who lost $65,000 and laundered $50,000, shows a long grooming period before the first money request, and a victim re-engaging after initially blocking the contact. The articles give no CVEs or technical indicators. Defenders should raise awareness of money mule recruitment in customer and staff training and flag accounts receiving third-party transfers.

For security analysts · Written by AI from 1 source · Wrong?

What to do

  1. Do not send money or move funds for anyone you have only met online.
  2. Treat any request to receive and forward money for someone else as a serious red flag.
  3. Stop contact with anyone who asks for money, even after you have blocked them before.

Written by AI from the sources, checked against them

Full story timeline · 1 update

  1. Fri 30 OctoberWarning: Romance Scammers Are Targeting US Citizens For Money LaunderingKnowBe4 Security Awareness Blog

Who reported · 1 outlet

KnowBe4 Security Awareness Blog

Report a problem