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What is money muling and why is it vital parents warn their children about the dangers?
What is money muling and why is it vital parents warn their children about the dangers?
Teenagers often like to have the latest gadgets and trainers, but if a young person suddenly has the ability to splash cash around, with no obvious explanation for their wealth, it could be a warning sign of money muling. Money muling happens when people are persuaded to let cash flow through their bank account in exchange for money or gifts – and young people in particular may be targeted. According to figures released by UK Finance and the fraud prevention body Cifas, young people under the age of 21 account for around one in five cases where money muling activity is suspected. While money muling may be seen as an opportunity to make some easy cash, it’s actually a criminal offence. The cash flowing through bank accounts is often the proceeds from crime. UK Finance and Cifas run a campaign called Don’t Be Fooled, which has developed free PSHE (personal, social, health and economic education) resources for schools, to help young people learn about the dangers and consequences of becoming a money mule. The new schools programme is aimed at youngsters aged 10 to 14. To find out more about the dangers of money muling – and the warning signs for parents to look out for – I asked Paul Maskall, manager of fraud and cybercrime prevention at UK Finance, for his expert insights: How can parents talk to children and teenagers about money mule activity and explain what it is? Paul says: “Even at the best of times, we aren’t always good at valuing and protecting our data, personal information or private details which we store digitally.” He says it’s important for parents to explain what money mules are, “to ensure that the newer generation have a better understanding of how to protect themselves.” He continues: “By doing so, it gives them more of an intuitive defence and understanding of the risk of people wanting to exploit them and gain access to their account, for the purposes of laundering money.” How can young people themselves avoid getting involved in money muling? Maskall stresses the importance of keeping accounts and personal information private. He says: “Criminals seek to manipulate you with a promise of gifts, rewards or a percentage of the funds sent through your account.” People should avoid opening a bank account in their name for someone else, allowing their bank account to be used to send and receive funds for other people, or sharing PINs and passcodes, he says. While criminals will often seek out younger people to become money mules, it’s also important to remember that anyone can be targeted, he adds. What are the warning signs that your child could be involved? “Tell-tale signs that your child might be involved in money muling could be them suddenly having extra cash, buying expensive new clothes or top-of-the-range mobile phones and gadgets with very little explanation as to how they got the money,” Maskall explains. “They may also become more secretive, withdrawn or appear stressed sometimes, becoming more fixated on communication and phone usage.” What are the consequences of money mule activity? Some people may see requests to pass money through their account as harmless – but they could be making a big mistake. “Criminals need money mules to launder the profits of their crimes and frequently target young people, who are often unaware of the consequences of them agreeing to do so,” says Maskall. “Allowing a bank account to be used in this way is a crime and can result in a criminal record and the account being closed. “You could go to prison for up to 14 years and it can also lead to the individual finding it difficult to obtain mobile phone contracts or access financial products and credit, including student loans.” What should parents do if they think their child or someone else they know might be involved in money muling? “It’s important for parents and guardians to remind their children of the potential approaches that they may receive from criminals,” says Maskall. He says if any parents or guardians are worried that someone they are close to might be caught up in money muling, they can contact Crimestoppers anonymously on 0800 555 111. Where can parents go to get support or seek further information and how can communities stay safe? Maskall says: “We encourage everyone to visit the Don’t Be Fooled website for more information on the risk of money muling and how to stop the signs. www.moneymules.co.uk. “It is important to remember that anyone can be at risk and speaking openly and educating one another about the harm and risks involved will benefit others.” Read More From tofu chicken wings to chickpea bacon – how and why you should be making plant-based meat at home Holly Willoughby channels Gwyneth Paltrow with ‘orgasm anxiety’ blog post Do it for the Gram: Speedy but spectacular goat’s cheese linguine Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live
1970-01-01 08:00
Evergrande seeks US court nod for $32 billion debt overhaul as China economic fears mount
Evergrande seeks US court nod for $32 billion debt overhaul as China economic fears mount
By Clare Jim, Jonathan Stempel and Dietrich Knauth HONG KONG/NEW YORK Embattled developer China Evergrande Group has filed
1970-01-01 08:00
Study finds that divorced diabetic men have higher risk of amputation
Study finds that divorced diabetic men have higher risk of amputation
Divorced men with diabetes are at the highest risk of having some or all of their feet and legs amputated because of it, research has found. According to a study of almost 67,000 people with diabetes in Sweden, people with the condition who are divorced are 67 per cent more likely to have to undergo a lower limb amputation than those who are married. Meanwhile men are at 57 per cent greater risk than women. On average, 184 people a week in England have some part of a lower limb removed surgically to stop infection spreading and killing them. Lasantha Wijesinghe, a consultant vascular surgeon in England who performs lower limb amputations, said they were usually necessary because the person’s life was at risk because of sepsis. The authors of the study, which has not been peer-reviewed yet, said they could not be sure why divorcees of both sexes ran such a greater risk than married people, but speculated that this “may be due to a change in self-care and food habits observed in people when they divorce and are more likely to be living alone”. “Specifically with men, this is often related to more social isolation, with a secondary effect of low physical activity,” they added. Older people are also at higher risk of an amputation and patients who are on insulin treatment, have a pre-existing foot condition such as neuropathy or who smoke are also at higher risk. The study also concluded that obese people have a lower risk than those with a standard weight. The authors could not explain this finding but suggested it could be down to chance. Dr Faye Riley, the research communications manager at Diabetes UK, said: “This study identifies a range of factors that may be linked with a higher risk of amputation among people with diabetes, and raises interesting questions about how social support can influence our health behaviours and outcomes. By pinpointing which people with diabetes are most at risk, support can be targeted where it’s most needed.” Sign up to our free Indy100 weekly newsletter Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
1970-01-01 08:00
China Evergrande says bankruptcy protection filing does not involve petition
China Evergrande says bankruptcy protection filing does not involve petition
Embattled property developer China Evergrande Group said on Friday its application to the U.S. Court for bankruptcy protection
1970-01-01 08:00
'It's a necessary thing': Angel Manuel Soto praises 'heroic' striking Blue Beetle cast
'It's a necessary thing': Angel Manuel Soto praises 'heroic' striking Blue Beetle cast
Director Angel Manuel Soto has hailed the "heroic" cast members of 'Blue Beetle' for not promoting the superhero movie due to the SAG-AFTRA strike.
1970-01-01 08:00
Tempted to try barefoot running? Here’s what you need to know
Tempted to try barefoot running? Here’s what you need to know
Barefoot running seems to be rising in popularity, with fans hailing its many benefits – and some even tackling entire marathons without shoes. The thought of bare soles beating the pavement may leave many people wincing, and there are certainly things to consider before giving it a go. But the idea of exploring the most natural way to move – with our primitive bare feet on the ground – could be tempting too. So, what is the deal with barefoot running, and is it worth it? Are there any benefits to barefoot running? “Barefoot running really helps us reconnect with nature,” says Sammy Margo, a physiotherapist working with muscle and joint care specialists Deep Freeze and Deep Heat. For many, this is a big part of the appeal – and some fans of barefoot running say they’ve experienced benefits to their running form too. It’s important to remember our bodies may all respond differently to pressure and force, however, so how we react to barefoot running may vary. “The body, muscles, and joints will take on the ground pressure differently,” says podiatrist Dina Gohil, brand ambassador for CCS Foot Care. “Some people may experience improvement in pain in certain areas, and vice versa. The body works together and force is distributed to the best of your body’s ability to enable the movement you’re trying to achieve.” If you can physically feel your feet hitting the ground however, in theory, your body may become more aware of those forces and movement patterns. “Going shoe-free can help with your awareness of the position and movement of your body – proprioception. Exercising barefoot can also help restore natural running patterns and strides,” Gohil explains. For example, she adds: “Being barefoot can actually allow you to be more conscious of how the heel strikes on the ground, and at what pace and strength. So doing activities barefoot can help strengthen the foot and ankle, improve muscle strength, increase flexibility, and allow for proper movement.” Will you notice other changes? According to barefoot runners, the soles of your feet will also become a lot more resilient over time. “The best way to toughen feet is to try and walk on as many different surfaces as possible. Some people have also used newspapers on the ground to walk on to help with this process,” says Gohil. The muscles in your legs will develop differently too. Margo says: “Running barefoot also activates smaller muscles in our legs and feet, helping to improve strength and overall mobility.” Are there any risks or cons to think about? While many runners experience a range of benefits from going barefoot, there are certainly potential risks to consider. First and foremost, there’s the risk of wounding yourself if you stamp on something sharp – so always be sensible when choosing where to run barefoot. “Until your feet become acclimatised, you may find you are more prone to blisters until firmer skin or calluses have formed,” says Gohil. “There is also the increased risk of developing plantar fasciitis on the sole and heel of the foot. Other problems might include blisters, callus, cuts, infection, Achilles tendonitis, tight lower leg muscles, or stress fractures.” Margo adds: “As our muscles are working harder, [they] may become shorter and tighter, and you may feel some pain initially when you start barefoot running.” Having the support and comfort of a well-fitting running shoe can also be vital for many runners, particularly if you have a history of injuries or joint problems – so it’s advisable to speak with a healthcare professional before you attempt barefoot running. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live How can you get rid of acne scars? From serums to laser treatments, experts talk through the options 5 viral TikTok fake tanning tips for the perfect summer glow Not got the A-level grades you needed? Here’s how to get started with the clearing process
1970-01-01 08:00
Belfast: All-Ireland funding sought for new Lagan bridge
Belfast: All-Ireland funding sought for new Lagan bridge
A proposed foot and cycle bridge over the River Lagan would link Sailortown to the Titanic Quarter.
1970-01-01 08:00
Hawaii wildfires: Maui emergency chief quits after sirens criticism
Hawaii wildfires: Maui emergency chief quits after sirens criticism
Hawaii residents tell the BBC a stronger emergency response could have saved lives in the blaze.
1970-01-01 08:00
Embarrassing Eagles fans did the
Embarrassing Eagles fans did the "Wave" while injured player was being carted off
Eagles fans embarrassed themselves and their team by doing the "Wave" while an injured player was being loaded onto a stretcher to be carted off the field.It's a great feeling to see football back on the TV screen with the NFL preseason. However, the return of games also brings re...
1970-01-01 08:00
Evergrande: China property giant files for bankruptcy in US
Evergrande: China property giant files for bankruptcy in US
The move comes as fears grow over problems in the world's second largest economy.
1970-01-01 08:00
Ecuador election: Narco politics rule ahead of polls
Ecuador election: Narco politics rule ahead of polls
A rise in drug crime in the once-peaceful country has dominated the build-up to Sunday's election.
1970-01-01 08:00
Thai economy likely grew 3.1% in Q2 on higher tourist arrivals: Reuters poll
Thai economy likely grew 3.1% in Q2 on higher tourist arrivals: Reuters poll
By Devayani Sathyan BENGALURU Thailand's economy likely grew 3.1% in the April-June quarter from a year ago, up
1970-01-01 08:00
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