Transition Year students participated in an informative workshop addressing the issues of money muling, money laundering, and financial extortion. The session aimed to provide a comprehensive understanding of these activities, detailing their operational mechanisms and the associated legal and personal ramifications, particularly for vulnerable young individuals. Dean Kerins, a speaker with specialised knowledge in financial crime prevention, delivered a highly engaging and informative presentation, drawing on real-world examples and case studies to illustrate the dangers.
The session covered the subtle tactics used to recruit money mules, the complex processes involved in laundering funds, and the various forms of financial extortion present in today’s digital landscape. Students were also provided with practical advice on how to identify and avoid these scams, emphasising the importance of vigilance and critical thinking. Many thanks to The Competition and Consumer Protection Commission (CCPC) for their generous sponsorship, which made this vital educational opportunity possible.
