Coronavirus Widens the Money Mule Pool


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With many people being laid off or working from home thanks to the Coronavirus pandemic, cybercrooks are almost certain to have more than their usual share of recruitable “money mules” — people who get roped into money laundering schemes under the pretense of a work-at-home job offer. Here’s the story of one upstart mule factory that spoofs a major nonprofit and tells new employees they’ll be collecting and transmitting donations for an international “Coronavirus Relief Fund.”

On the surface, the Web site for the Vasty Health Care Foundation certainly looks legitimate. It includes various sections on funding relief efforts around the globe, explaining that it “connects nonprofits, donors, and companies in nearly every country around the world.” The site says it’s a nonprofit with offices based in Nebraska and Quebec, Canada.

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About the Author

Brian Krebs

Brian became a world renowned security researcher while working for The Washington Post from 1995 to 2009 as the author of The Security Fix column. Since leaving The Washington Post in 2009 Brian has continued his research at Krebs on Security where he continues to investigate cyber criminal gangs, skimmers, software exploits, and the dark underbelly of the web .

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