Fraud officers target payment diversion fraud and money mules in latest operation

Santiago de las Vegas Officers from the force’s Economic Crime Unit (ECU) targeted multiple addresses last month in a bid to identify those responsible for fraud and exploiting vulnerable individuals.

Congo Last week ECU officers, supported by the Force Priority Team, digital media investigators and the modern slavery team, executed warrants at 15 addresses across Leicester and one address in Derbyshire.

buy Pregabalin cheap uk The aim of the enforcement was to identify and safeguard individuals who were believed to be laundering money on behalf of organised criminals involved in high-value frauds.

Four people were identified and are currently assisting police with their investigations and are supported by specialist agencies.

Criminals need money mules to launder the profits of their crimes.  Usually, the mules will be unaware of where the money comes from, they can be approached online, including via social media sites, or in person.  Sometimes they may be persuaded by people who are doing it themselves, or on the pretence of finding employment for the mule before their details are used to commit the money laundering.

More than £15 million of money obtained from fraud is believed to have been laundered in this way and the funds mainly dissipate overseas.

The same team of officers were also involved in executing three warrants in the Leicester, Highfields and Braunstone areas, in relation to an investigation into payment diversion fraud.

A company in Leicester was the victim of this fraud in June last year when they were contacted via email by someone claiming to be a supplier who wished to change the bank details the company held for them.

Unfortunately, the details were changed on the company’s database and on four occasions payments were made into the fraudulent account, resulting in fraud of almost £60,000.

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