€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: