Burnham-on-Sea & Highbridge Town Council

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Don’t be used as a money mule

 
PCC Mark Shelford is encouraging parents and carers to spot the signs of their young adult falling for ‘get rich quick’ traps and becoming a money mule.

Money muling, also known as squaring, is when a person transfers stolen money on behalf of others usually through their bank account. Criminals contact people and offer them cash to receive money into their bank account and transfer it to another account.   The money that money mules transfer is usually stolen, profits of crime and is often used to fund crimes like drug dealing, sexual exploitation, fraud and human trafficking.

Young people are vulnerable to being targeted as money mules due to the pressures on social media and manipulation techniques highlighting ‘get rich quick’ traps.  Around 6 in 10 mules are under the age of 30 and many criminals target university or sixth form students, when young people most need their own money. Such recruitment often occurs on social media with criminals befriending victims before offering a ‘quick cash’ opportunity. Young people are often unaware of the consequences of being recruited as a money mule including bank accounts being closed, problems applying for credit and even a prison sentence of up to 14 years.

While the majority of money mules are young, it is important to remember that anyone can become a victim.
How to spot the signs:
-Your young person might be in possession of luxury or designer goods that they cannot account for
-There might be evidence of them opening new bank accounts or using crypto exchanges with money they cannot explain the origin of
-When challenged, the young person might say they are letting someone else use their account to move money

 PCC Mark Shelford said: “Criminals will target vulnerable people who are in need of money and proposition them with a get ‘quick rich’ opportunity. In actual fact, they are asking you to commit a crime and, once someone becomes a money mule, it can be hard to stop. “If a young person in your life has been approached, urge them to break off all contact and for them to not receive or move any money. The more people we make aware of such awful schemes the more people we can stop falling victim and becoming complicit in organised crime. “As parents and carers, we need to help young people build their financial resilience and protect them against fraudsters operating online. We also need to talk to them about staying safe online, be wary of strangers contacting them on social media and not sharing their bank account details to anyone unless they know and trust them. “If you think your child or young adult is being used as a money mule, please contact the police or Crimestoppers; by reporting such crime we can help social media companies protect their own users.”

If you are concerned your child is being criminal exploited, contact 999 in an emergency or call the police on 101.
If you do not want to give your details to the police, contact Crimestoppers 100% anonymously online or by calling 0800 555 111.
For more information, please visit the NCA website.

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Financial Risk Management Policy - March 2023

Grant Application Kings Coronation Form

The Coronation of His Majesty King Charles III will take place on Saturday 6th May 2023, with an additional bank holiday on Monday 8th May 2023.

We are keen to hear from groups/organisations in Burnham-on-Sea and Highbridge that are looking to celebrate the Coronation. The Town Council has £1500 available to allocate to events being organised to celebrate the Kings Coronation. The maximum grant to be allocated per event will be £500.

You must meet the following criteria for your application to be considered:

– The event will be open to all members of the public

– The event will be free of charge

– The event will take place within the Coronation weekend

– The event will take place within Burnham on Sea or Highbridge

 

Applications will close on Monday 6th March at midday. 

Your organisation and contact details

What happens next....
Applications will be considered at the Finance and Resources Committee Meeting on Monday 13th March 2023. You will be notified after this date whether your application has been successful.
Burnham & Highbridge Town Council takes your privacy seriously and will only use your personal information for the purposes of contacting you about this grant. The Council’s privacy notice can be found here.

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