€12 million has been laundered through Irish bank accounts so far this year.
Criminals have laundered €12 million through Irish bank accounts so far this year using 'money mules'.
Up to 1,000 transactions were carried out since January, with young people increasingly being targeted, according to the Banking and Payments Federation.
It's launching a new campaign to raise awareness about the practice, which involves moving stolen funds through legitimate bank accounts.
Director of Public Affairs at the BPFI, Ferbane's Olivia Buckley, says young people in particular need to be vigilant:
Midlands Events Top Garda Spend Report
Teen Faces Sentence for Midlands Arson And Window Smashing Intimidation Campaign
TUI Call Off Planned Industrial Action
Mother Of Three Spared Jail After 'Rampage' On Three Random Women
Midlands Finance Expert Encourages Young People To Tackle Budgeting
Mock WRC Hearing To Address Workplace Disputes In Westmeath
Irish Rural Link CEO Calls For Major Boost In Rural Transport And Community Investment
Offaly TD Calls For Consistent EU Support On Just Transition