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The student money launderers

Sep 22, 2018 - The Daily Telegraph (London)

Students in search of quick cash as they return to university are being warned not to unwittingly launder money for criminal gangs on social media.

Experts say thousands of students are at risk of becoming embroiled in bank transfer fraud, Britain's fastest growing crime, which resulted in £236m being stolen last year, according to figures from the banks' trade body.

Last year there were 8,652 cases of people aged 18--24 acting as "money mules", according to Cifas, the fraud databas...