Recently, I gave my bank account details to somebody who said they will be using my account to transfer money between personal accounts, and that I would get a commission out of each transfer.
Yesterday, I went to close my bank account with HSBC, and while closing my account they asked me questions about the previous transfers (like who did them and why).
I told them it forgot who it was but it was a transaction between friends. I am worried that they might prosecute me for fraud and not end up closing my account.
What should I do now? I am worried that they might put me in jail for being involved in money laundering. Should I admit what I have been doing?