Money mules don't look like fraudsters — because technically, they aren't using fake identities. They're real people, with real documents, opening real accounts. They pass KYC. They pass liveness. They look like any other customer. What they do next is the problem. They receive funds from compromised accounts, move them across institutions, and cash out before anyone connects the dots. Each account passes verification individually. The pattern only becomes visible when you look across accounts, across time, across your entire base. By then, the money is gone — and the regulatory exposure is yours.