September Scam Awareness: Don’t Get Pulled into Money Mule and Text Scams
As routines settle back in during September, scammers take advantage of busy schedules and distracted decision-making. Two of the most common threats this time of year are money mule scams and text message scams. Both can lead to serious financial—and even legal—consequences if not recognized early.
Money Mule Scams: When You’re Asked to “Help”
Money mule scams occur when criminals convince someone to move money or open accounts on their behalf. Victims may believe they are helping a new employer, assisting a romantic partner, or doing a quick favor for easy money.
A major red flag: being asked to open a bank account or allow someone else to use your account—especially if you don’t know them personally. Even if the request comes from someone you’ve been talking to online, this can make you responsible for fraudulent or illegal activity.
Warning signs include:
- Requests to open an account or share account access for someone else
- Instructions to deposit checks or receive funds and send them onward
- Requests to move money using wire transfers, cryptocurrency, or gift cards
- Pressure to keep the activity secret
If someone asks you to open or use an account for them, stop immediately—it could be a crime.
Text Scams: “Oops, Wrong Number” Isn’t Always a Mistake
Text scams, also known as smishing, are increasingly common. One popular version starts with a message that appears to be sent to the wrong number, such as a casual greeting or a friendly question. When you reply, the scammer builds trust, eventually steering the conversation toward fake investments, job offers, or money requests.
Other text scams may claim to be from banks, delivery services, or employers, urging you to click a link or act quickly.
Protect yourself by:
- Not replying to unexpected or “wrong number” texts
- Avoiding links in unsolicited messages
- Verifying messages directly through official websites or phone numbers
- Blocking and reporting suspicious texts
Stay Alert This September
Money mule and text scams thrive on politeness, curiosity, and urgency. Slowing down and questioning unusual requests—especially those involving opening accounts or moving money—can keep you from becoming a victim or an unwitting accomplice.
As fall approaches, make scam awareness part of your routine. A moment of caution now can prevent serious problems later.