Money Mule

C1 16+

Pronunciation: /ˈmʌni mjuːl/

Definitions of money mule

noun A term used in financial crimes to describe individuals who facilitate money laundering by transferring stolen or illegal funds.

Example Sentences

A1 A money mule is someone who transfers stolen money for criminals.

A2 The police arrested a money mule for their involvement in a financial scam.

B1 Money mules are often unaware that they are participating in illegal activities.

B2 Banks have implemented measures to detect and prevent money mule activities.

C1 Law enforcement agencies work together to track down international money mule networks.

C2 Financial institutions face challenges in identifying and stopping sophisticated money mule operations.

Examples of money mule in a Sentence

formal A money mule is a person who transfers money acquired illegally in person, through a courier service, or electronically, on behalf of others.

informal I heard that John got caught being a money mule for some shady characters.

slang Don't be stupid and become a money mule for those scammers.

figurative Being a money mule is like playing with fire - you're bound to get burned eventually.

Grammatical Forms of money mule

past tense

used

plural

money mules

comparative

more money mule

superlative

most money mule

present tense

uses

future tense

will use

perfect tense

has used

continuous tense

is using

singular

money mule

positive degree

money mule

infinitive

to use

gerund

using

participle

used

Origin and Evolution of money mule

First Known Use: 2005 year
Language of Origin: English
Story behind the word: The term 'money mule' originated from the practice of using individuals to transfer illegally obtained money across borders or to launder money through legitimate financial systems.
Evolution of the word: Originally used in the context of financial crime, the term 'money mule' has evolved to also refer to individuals who unknowingly or knowingly facilitate money laundering schemes by receiving and transferring funds on behalf of others.