FOS warns of youngsters being used as 'money mules'
'Knowingly or otherwise'
Young people are particularly vulnerable to financial fraud, with many under-30s being targeted by criminals as "money mules", the Financial Ombudsman Service (FOS) has warned.
A money mule is generally someone who allows fraudsters to launder money through their bank account in return for cash. However the FOS has come across cases where youngsters have participated in the fraud...
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