€12m transferred by 3,000 'money mules' in first half of the year

According to FraudSMART, the majority of accounts used for laundering were mainly belonging to young adults aged between 18 and 24 years of age, with some being as young as 15. File picture

Money mules as young as 15 have facilitated the laundering of more than €12m through Irish bank accounts in the first half of this year, according to a new report.

The report from FraudSMART says more than €12m has been laundered through Irish accounts with the help of 3,000 money mules between January and June.