In this week’s minisode, I’m warning students about the dangers of money mule scams disguised as job offers.
The FBI states, “Criminals recruit money mules to help launder proceeds derived from online scams and frauds or crimes like human trafficking and drug trafficking.”
Criminals target unsuspecting students looking for easy money to move funds through personal accounts. Many students don’t know they’re committing a crime by participating.
These activities are crimes that lead to frozen bank accounts, dismissal from financial aid programs, and potential negative background checks that limit career prospects.
Cases of student money mules increased by 23% in 2023. 35% of young people say they would consider moving money for a fee, with 14% saying they are “very likely” to do so.
https://home.barclays/insights/2025/10/Student-scams-fake-jobs/
I explain how these scams work, and urge career advisors to educate students.
Not only do I hope college career services prioritize job scam education, but I also hope they start it at the beginning of the school year and continue throughout the year.
Finally…
I wanted to ensure that the companies I partner with for ‘The Job Scam Report’ were a good fit. The FBI reports Americans are losing significantly more to cybercrime than home burglaries, with digital crime financial losses reaching approximately $12.5 billion in 2023 alone.
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