Post by Equifax Australia

⚠️ Money mule activity represented 14.6% of fraud listings in the latest 𝗘𝗾𝘂𝗶𝗳𝗮𝘅 𝗙𝗿𝗮𝘂𝗱 𝗜𝗻𝗱𝗲𝘅 𝗥𝗲𝗽𝗼𝗿𝘁, growing 90.9%📈 between 2024 and 2025. What’s driving this increase? A big reason is escalating financial hardship, with money mules often recruited via social media under the guise of work-from-home opportunities, as well as romance scams and other social engineering tactics. Many money mules don’t even realise they’ve become a cog in a criminal network! Stay on top of this and other fraud indicators with more insights in our blog: https://bit.ly/41AZ0aO #FraudPrevention #FinancialServices #GenerativeAI #RiskManagement #Equifax