Billions of dollars are transferred among friends, family and businesses around the world through international money transfers every day.Unfortunately, 1 in 10 people have been defrauded through online schemes designed to take as much of that money as they can.Wire transfer scams are on the rise because these cons are constantly evolving.By reporting it and talking openly about your experience, you’re helping others to recognize and put a stop to them.
unknown thieves has stolen nearly million using micro charges made to more than a million credit and debit cards in an elaborate multiyear scam, according to a lawsuit filed by the Federal Trade Commission in March.
Be cautious of letters requesting donations in cash or by wire transfer to cover the cost of aid.
This is just another variation of the advance fee scam.
Unbelievably, they’ll find a way even when the tables are turned.
You may have gotten a reply to your online auction with a check that’s for more than your item — with simple request for you to wire back the difference.