look news india
Nowadays, every college student or youth looking for a job wants to earn some extra money. Everyone’s ears perk up when they hear “work from home” or “part time job”. Cyber scammers have caught this pulse.
Nowadays a new scam is going on very loudly. In this your money is not stolen, rather you are ‘used’. put it in technical language ‘Money Mule’ It is said. This word may sound strange, but its consequences are very dire. Let us understand in simple language how this trap works and how today’s youth are getting trapped in it.
What is this game of ‘Money Mule’?
In simple words, ‘Mule’ means mule – one that carries the burden. The ‘burden’ here is the stolen money.
What happens is that cyber criminals steal lakhs of rupees from someone else’s account. Now if they deposit the money directly into their account, the police will catch them immediately. so they Your Bank account is used like a ‘laundry machine’. They deposit the stolen money in your account and ask you to deduct their 10% commission and send the remaining money to some other account specified by them.
You think, “Wow! I made money just sitting there.” But in reality you have unknowingly become a part of the crime.
This is how they trap the youth (The Modus Operandi)
The game often starts with a tempting message on Telegram, Instagram or WhatsApp.
- Fake Job Offers: “Like videos and earn money sitting at home” or “Just work for 2 hours and earn Rs 2000 daily.”
- Renting an account: Some swindlers directly tell the students – “Give us your bank account for a few days, we will give you big money in return.”
- Lure of commission: You will be told that an amount will come to your account, transfer it further and keep the middle part.
What is the result?
When a person whose money has been stolen complains to the police, the first thing the police does is track the money. Where did the money go? In your account!
The police arrive at your door before the real thugs can reach them.
- Bank Account Freeze: Your account is frozen immediately.
- Police Case: You are accused of assisting in fraud. It becomes difficult to convince the police that you yourself are a victim and not a criminal.
- Stain on career: Once a police case is filed, then later on there is a lot of difficulty in getting a government job or going abroad (Visa).
How to protect yourself and friends?
- Account is personal: Never give your bank account, ATM card or net banking password to anyone, even a friend of a friend.
- Easy earning is an illusion: Remember, only rats in cages get money without hard work. If someone says that he just wants to transfer money from here to there, then block him immediately.
- If unknown money comes, inform the bank: If an unknown amount of money accidentally comes into your account, do not spend it or send it back to anyone. Notify the bank immediately.
This is not just about money, it is about your entire future. A little wisdom can save you from a big trouble.
