Mule betting or third-party betting account scams are a form of money mule scam where criminals recruit or coerce people into opening gambling accounts in their own name. The criminals then use those accounts to place bets to help launder money and obscure the source or ownership of funds.
The UK Gambling Commission describes “mule” betting accounts as online betting accounts created using another person’s personal details, with or without that person’s knowledge. It says criminals can control large numbers of these accounts to disguise who is betting and where the money came from. The Commission also warns that criminals may move illicit funds through third-party bank accounts to break the audit trail, often targeting vulnerable people and university students.
A common pattern is that the scammer offers easy money, “helps” the victim open an account, or claims they can’t use their own identity. That matches broader money mule recruitment tactics, where criminals approach people online, promise quick cash, and use the victim’s account to move or launder funds.
Barclays defines a money mule as:
“A money mule is someone who lets criminals use their bank account to move money. Often the mule doesn’t know what’s really happening, and has been manipulated into believing a cover story, or lured by an offer of payment.”
