Bank robbers today do not need guns and masks. All they need is a Trojan Horse and a Money Mule.
The Trojan program is used to get access to an employee's user name and password. This is then used to transfer funds through several fictitious withdrawals.
The withdrawals are arranged with the help of people who are unaware of the robbery, but are hired over the internet through work-at-home job schemes. The Federal Deposit Insurance Corporation (FDIC) calls the paid co-conspirators of victims of this scheme “money mules.”
Transfers can also be done via commercial bank accounts tied to shell companies.
In the Treasury Credit Union case, there were at least 70 transfers and dozens of money mules, Federal News Radio is reporting.