Cayman banks fight back against ‘money muling’
The Cayman Islands Bankers Association is launching a campaign to help Cayman bank account holders avoid a growing financial fraud.
‘Money muling’ is when someone uses their personal bank account to handle money for an unknown third party. Often the fraud begins with a message via social media, that asks the bank account holder to receive, send or withdraw money in return for a payment. For a more complete summary of the story, please see the below link:
Published on: Dec 24, 2025 06:46 PM