Live Talk: Combatting Fraud by Eliminating Mule Accounts

Alexander Wood, CEO of  Reform Courses gives an honest and candid talk about his time as a (very successful) fraudster, and one way the public sector can s ignificantly disrupt fraud - by tackling mule accounts.
A mule account is a bank account controlled by somebody other than the registered account holder. Primary mules receive fraudulent payments directly from victims before cascading down in smaller tranches to secondary mules for withdrawal in cash.
There are many different types of mule account available, and t he overwhelming number of fraudulent transactions are cashed out through networks of mule accounts.
Listen to Alexanders' presentation, live from Counter Fraud 2023, with advice on how government can effectively tackle this area of fraud.


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GovNet’s Counter Fraud Conferences provide public sector counter-fraud professionals, and audit and finance leaders the opportunity to network, learn and collaborate to eradicate the threat of public sector fraud. Register for GovNet’s Counter Fraud Conference 2024 here.