Protecting Our Young People from Money Laundering Scams

Good morning Resident,

You are receiving this alert because either you have completed a survey and selected cyber crime and fraud as a concern, or because we believe you will benefit from this information due to your age (16-24).

Recent findings show that 3 out of 5 university students are approached to launder money before they have even sat in their first lecture. Alarmingly, many students do not realise they are being targeted. What appears to be a simple job opportunity advertised on social media can, in reality, be a serious criminal scheme.

As the new academic year approaches, many young people in our community are preparing to begin university life.  This is an exciting time - but unfortunately, it is also when criminals are most active in targeting students.

How the Scam Works

Criminals often post adverts offering “easy money” for minimal work - sometimes described as “money transfer agents” or “payment assistants.” Students may be asked to receive funds into their personal bank account and transfer them elsewhere, often with the promise of keeping a small commission.

However, this activity is money laundering - the process of moving money obtained through crime (such as fraud or theft) to make it appear legitimate.  Even if someone doesn’t fully realise what they are participating in, they can still be held legally responsible.

Warning Signs to Look Out For

Protect Your Personal Information

It is vital to remember:

If you share these details, criminals can take full control of your account. They may use it to move illegal funds, leaving you at risk of serious consequences—including account closure, long-term financial difficulties, and potential prosecution.

The Consequences Are Real

Being involved can lead to:

Advice for Students and Families

If You’re Concerned

If you or someone you know has been approached or may have already shared details, act quickly:

Let’s work together as a community to keep our young people safe. By staying informed and alert, we can help prevent students from becoming entangled in serious criminal activity before their university journey has even begun.

Click here to find out more: Money Mules - National Crime Agency