Report

Leveraging partnerships and technology to tackle money mules

This report from UK think tank RUSI underscores the importance of coordinated efforts and innovative solutions to disrupt money mule schemes.

Public–private partnerships can play a key role in both tackling and preventing money muling in Ukraine and beyond.

This paper highlights the critical role of public–private partnerships and technology in addressing the growing threat of money mule schemes in Ukraine, which have significant implications for financial crime, tax revenue loss and national security.

Drawing on the insights from the third meeting of the Taskforce on Public–Private Partnership in Fighting Financial Crime in Ukraine, held in December 2025, the paper explores how money mule activity manifests in practice and how it is currently being addressed across the public and private sectors.

The paper underscores the importance of coordinated efforts and innovative solutions to disrupt money mule networks and safeguard Ukraine’s financial system.