Significant rise in money mule accounts held by over-40s detected by bank

Lloyds Bank is seeing a big increase in the proportion of money mule accounts held by people aged over 40.

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Lloyds Bank has recorded a big increase in money mule accounts held by people aged over 40 (Dominic Lipinski/PA) Lloyds Bank is seeing a big increase in the proportion of money mule accounts held by people aged over 40. Its fraud detection data, taken from Lloyds Banking Group, indicates that people aged over 40 now make up nearly a fifth (19%) of money mule accounts..