When people, knowingly or unknowingly, lend their bank accounts to criminals for transferring illegal/black money, then such people are known as MONEY MULES. As they become an accomplice to money laundering, they too are prosecuted by the law as criminals.
Fraudsters contact customers via emails, chat rooms, job websites or blogs, and convince them to receive money into their bank accounts, in exchange for attractive commissions. In such cases, money mules consciously choose to act as intermediaries as a way to make easy money. The fraudsters then transfer the illegal money into the money mule’s account. The money mule is then directed to transfer the money to another money mule’s account – starting a chain that ultimately results in the money getting transferred to the main criminal’s account. Fraudsters do this exercise to make it difficult for the police investigation to figure out the identity of the main criminal.