Alleged ‘money mule’ in Melbourne-based operation charged with $176,000 cyber scam

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Alleged 'money mule' in Melbourne-based operation charged with $176,000 cyber scam



Alleged ‘money mule’ in Melbourne-based operation charged with $176,000 cyber scam

Police arrest alleged ‘money mule’ in Melbourne, man accused of $176,000 cyber scam

A Melbourne man has been charged for his alleged role as a ‘money mule’ in a cyber scam, with federal police alleging he swindled $176,000 from Australian businesses.

It is alleged that between June 2021 and May 2022, the 23-year-old man received $176,192 in suspected criminal proceeds from the Business Email Compromise (BEC) scam.

The Australian Federal Police (AFP) has alleged that a scam involving an Australian construction company lost $17,000 after receiving a fraudulent email.

A Melbourne man has been charged for his alleged role as a ‘money mule’ in a cyber scam, with federal police alleging he defrauded Australian businesses of more than $176,000

It is also alleged that the company received a correspondence from a supposed furniture supplier, claiming that their bank details had been changed.

The company later paid into a bank account later found to be in the 23-year-old’s name.

An AFP spokeswoman said the man allegedly spread such fraudulently obtained funds across several bank accounts before transferring the money to another person.

It will be alleged that the man acted as a ‘money mool’, helping transfer money through business email compromise (BEC) fraud and other cyber crimes.

AFP allegedly searched the man’s Footscray home in November last year and seized illegal drugs and electronic devices.

This subsequently led to the man’s arrest on July 13.

AFP allegedly searched the man’s Footscray home in November last year and seized illegal drugs and electronic devices.

AFP Senior Constable Khali Sherer said Australians had reported losses of more than $98 million in BEC attacks, losing an average of $64,000 per incident.

‘If you think an email is suspicious, investigate further,’ he said.

‘Call and check directly with the business or organization you are dealing with. It is reasonable to ask questions to protect yourself or your company.’

The 23-year-old Footscray man has been charged with one count of dealing in crime, money or property with the proceeds of $100,00 or more, one count of possession of cocaine, and one count of possession of marijuana.

He appeared in Melbourne Magistrates Court on July 13 and will next appear on October 5.



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