Joint Account Money Mules Quiz

1. What is the first step fraudsters take to move money using joint accounts?

A. Open joint accounts in the victim's name B. Target people through phishing/smishing campaigns C. Recruit money mules on social media

2. How do threat actors typically recruit money mules?

A. Through phishing emails B. By posting job ads online C. On social media or in person

3. What do money mules do after being recruited?

A. Open new accounts at financial institutions B. Directly transfer funds to threat actors C. Report the fraud to authorities

4. How do fraudsters use joint accounts in their scheme?

A. To transfer funds from victim's accounts to mule accounts B. To receive direct deposits from employers C. To pay utility bills

5. What is the final step for money mules in this fraudulent scheme?

A. Open a new joint account B. Deplete funds via ATM withdrawals and purchases C. Transfer funds back to the victim

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