any question related to scams where funds are siphoned off innocent victims by one way or other. Related tags "fraud"

learn more… | top users | synonyms

-3
votes
2answers
41 views

Are there brokers or companies who trade Forex and make money for us on our investment? And do you think fxtradeinvestment is legit?

So I was looking for some extra income and found forex is a good way to earn a little extra money. I want to know whether there are companies or brokers who trade forex for us and pay us on our ...
-8
votes
3answers
133 views

How or should I trust this?

I requested to take a loan from this person, But she/he does not give any information on who they are!? A few points answered. Please any answer I need help here. 1.Mister I am not here to dirty my ...
-1
votes
2answers
157 views

Bank Deposit Scam

I was on Instagram and saw someone's post abt making extra cash. I inboxed her for details. She said her manager will deposit funds into my acct. Then I would send them $2000 to split btwn the both of ...
1
vote
1answer
58 views

Getting around paypal's repeated charges

Does anyone know of a bank that will decline (not overdraft) on electronic charges? Paypal keeps bouncing off my bank account after they screwed up and double charged me. I'm in the process of ...
4
votes
3answers
442 views

Money transfer via western union

I met someone online three weeks ago. Supposedly an electrical engineer from Miami. Went to Lagos for one week to do an electrical job. Now is in Dubai to sign contract on another electrical job. ...
1
vote
1answer
141 views

Is Online Data Entry/Typing a good way to earn an extra income?

A friend of mine, working as a manager in a store, asked me if I could find him a job of online data entry, since he is having a lot of free time. So I am looking for a job like : Data Entry Form ...
4
votes
4answers
206 views

Is this follow-up after a car crash a potential scam?

A few nights ago I had an accident with another car. I hit their bumper bar, put about a tennis ball size dent. No damage was done to my car. I didn't tell them that I had insurance. Just putting ...
18
votes
3answers
3k views

Is Network Marketing a good place to invest money compared to SIP?

A friend of mine join a network marketing organization by investing 10,000 because his girlfriend is in it. He introduced his handler/manager and he gave a speech about how easy it is to earn by only ...
77
votes
5answers
22k views

Is this person doing illegal money transfers?

This girl that I'm friends with and have actually seen in person before, keeps posting [on social media] that she "loves when the transfer goes through" and gets $2000-$6000 for free quite often. She ...
26
votes
7answers
6k views

What risks are there acting as a broker between PayPal and electronic bank transfers?

I have a company offering a position as a transaction representative, they're located in Poland and say they can't take direct payments or use Paypal due to "money amount limits" on Paypal there. ...
-1
votes
2answers
407 views

Scammer wants details and credentials for my empty & unused bank account. What could go wrong?

Some guy wants to use my bank account info (user and password) and he also wants me to ship my card he said with 0 dollars on it. It's a debit card and I don't really use the account anymore it has ...
0
votes
2answers
353 views

Military member asks me if she can have money wired into my bank account but needs my social security number and bank routing number [duplicate]

I was recently talking to someone online and she said that she was in the Army and then she went on to tell me that she had a lump sum of 45,000$ co.i g to her but she needed my bank account routing ...
0
votes
0answers
41 views

If a military member asks for your routing number and ss number to send money to your bank account is this a scam [duplicate]

If a person asks for your ss number and bank routing number so they can send money into your account from the army is this a scam
4
votes
2answers
5k views

I gave a scammer my name and address; what can they do with that information?

I accidentally gave my name and address to a scammer. What can I do? Is that bad? What can they do with that information?
57
votes
4answers
12k views

Received an unexpected cashiers check for over $2K from another state - is this some scam?

This is actually about my sister-in-law who lives in Georgia. She just received a "cashiers check" for $2395 from a company in Indiana. It looks like this: She said that she has been doing "mystery ...
8
votes
1answer
2k views

Military personnel funds transfer scam

I was contacted by someone who claims he is in the military stationed overseas. He said he could transfer fund from his account to mine. Just wondering if this is true. I am not interested in ...
4
votes
4answers
1k views

Is This A Scam? Woman added me on LinkedIn first, then e-mailed offering me millions of dollars [duplicate]

I am assuming that this is a scam, but I figured I'd ask here and see what everyone else thinks. I got a LinkedIn request from a woman named "Merlie Gansa." I had recently been applying to new jobs, ...
19
votes
3answers
7k views

Robocall claiming to be IRS saying they are about to sue - Is it legit?

We got a recorded call with a message claiming to be from the IRS. It said they were giving final notice and preparing to file a lawsuit against us. In our case, the message went to voicemail so the ...
8
votes
3answers
4k views

I made an investment with a company that contacted me, was it safe?

I am a French person living abroad who invested a bit of money with a company that contacted me some time ago. This leading to that, I am a bit doubtful (legitimately?) that I will ever see my money ...
54
votes
7answers
38k views

Is it a scam if the person only wants to deposit into my account, not make a withdrawal?

A man in west coast Austria wants to deposit money into my account. I'm in Alabama I had to get a online account. I did that but he says his bank manger needs all this information: DOB ...
34
votes
4answers
12k views

Is this money transfer a legal way to get money?

I talked to this guy that is always posting about earning money without having to do anything and I asked him "how did he do that?" He told me that his aunt was the leader in a temp service job and ...
10
votes
2answers
3k views

Is www.onetwotrade.com a scam?

I am considering opening an account with onetwotrade.com. They require me to initially invest around USD 600, payable only by credit card. Is it safe to do so? Is www.onetwotrade.com a scam?
2
votes
4answers
297 views

account number/password/username/full name?

Someone in another state asked me to be his personal assistant. From the start I was suspicious. He said he was doing a lot of projects in my state and needed my help. Then he said he needed to ...
2
votes
1answer
424 views

How can I report pump and dump scams?

I recently received a mass-mailing purporting to be a free introductory issue of an investment magazine, but consisting of hyperbolic, untrammeled promotion of a penny stock. In other words, it ticked ...
2
votes
2answers
511 views

inheritance transfers from the world bank in uk

My girl friend says she has paid the tax on 3.6 million us dollars and is now waiting for a code of transfer from the world bank to be able to transfer funds to any account in the world. It requires ...
3
votes
2answers
432 views

How to protect yourself from fraud when selling on eBay UK

I have my Mid-2013 MacBook Air up for sale on eBay, and have already had to go through resolution processes after previous auctions were won by obvious scammers (fake PayPal emails, etc.) What I want ...
4
votes
1answer
309 views

Financial gift or nasty surprise

If a friend from the U.K. is wanting to give me a large amount of money, why would they need my signature? They haven't requested any bank account details, but why would I need to sign something to ...
4
votes
1answer
488 views

What steps or checks should I do to see if a lending company that cold-called me is legit? Too risky?

A few days ago I got a call from company asking me if I have any outstanding debts and saying they can help me with my debts. Well, I don't have any debts; though I use 3 credit cards, I always pay ...
0
votes
2answers
248 views

What are some way to decide if a e-commerce site is reliable?

I am planning to travel to US for holidays, and my friend in US told me that gift card from mygiftcardsite. Here's the website, and here's where you can register/view your transaction details. Truth ...
6
votes
3answers
18k views

I Lost $1000+ on EntroPay - How should I best pursue getting my money back?

I wanted to buy a laptop from Lenovo shop, but it turned out they were not accepting my card, so I went on to the EntroPay. This website, as it mentions, provides Virtual Credit Cards for online ...
4
votes
1answer
1k views

How do share dilution scams make money?

The wiki article on share dilution scams says A share dilution scam happens when a company ... repeatedly issues a massive amount of shares into the market (using follow-on offerings) for no ...
0
votes
1answer
194 views

Reasons behind a large price movement of a penny stock without any recent news releases?

Sometimes I see penny stocks on the Yahoo! Finance page move by about 100% in a single day. For example, this stock shows a 91% gain on 10-Jan-2014. By browsing the news reports, I cannot see ...
10
votes
1answer
2k views

Can a foreign bank manager name me as the kin of a deceased customer if I don't know the person?

A few days ago, someone emailed me and said he is the branch manager of an overseas bank. He asked me to join him in an agreement. He has a deceased customer who is a citizen of my country and who has ...
4
votes
1answer
472 views

How can OTC scams affect you?

I learned a hard lesson today, and fortunately it wasn't that bad. I invested a few thousand dollars in a penny stock carelessly (via ETRADE, with the intention of doing a short term trade, or a day ...
4
votes
1answer
727 views

Do I have to pay the Internal Revenue Service in West Africa in order to transfer a government check from West Africa to a US bank account?

If you have a government check from West Africa and want to transfer the money to a United States bank, do you have to pay the Internal Revenue Service in West Africa before you can transfer you money ...
6
votes
2answers
786 views

How to find out if a company is legit?

I'm from Sweden and considering opening a "Internet" company on Cyprus with a (valid EU VAT number), because of better tax benefits compared to Sweden and the UK (where I have other companies). I've ...
1
vote
1answer
260 views

International Wire from Brazil to Puerto Rico

My husband has a side company that has its HQ in Puerto Rico. The company closed a contract in Brazil and was told they are wiring the funds to Puerto Rico. I was told that Homeland Security has the "...
13
votes
1answer
754 views

Indicators a stock is part of a pump and dump scheme?

What are the indicators that a stock is currently being pumped for a later dump? If one were watching the market what would they need to look for in order to identify a stock as a victim of pump and ...
3
votes
1answer
92 views

How do online referal systems work?

There are sites on the internet which promise to pay money for just referring traffic. How trustworthy these are and what are their sources of income? Are these sites worthwhile to consider for ...
3
votes
3answers
416 views

How can I tell if a forex signaling service is legitimate?

I hope this question is within the scope of this site. We are considering using a signaling service. Is there a way to know if an internet site is a legitimate service or just a fraud? In particular ...
14
votes
2answers
8k views

Is this reply promising a money order and cashier check a scam?

Lately, I have been tied up with my moving soon, among others. I got a reply from my ad for moving sale at craigslist, the author of which claims to be currently living on the other side of Atlantic ...
4
votes
5answers
1k views

What is a good way to keep track of your credit card transactions, to reduce likelihood of fraud?

I hear of scams where people take your credit card number and then just occasionally take out $20 here and there. On your statement it'll just look like something innocent to make it look like a trip ...
4
votes
1answer
802 views

“Debt Settlement Order” Text Spams – How do they work?

Apologies if this is too off-topic. This seemed like the closest-fit SE site for this A lot of people will have at some point received a spam text offering some sort of help via a debt settlement ...
5
votes
4answers
539 views

Is Prepaid Legal a legitimate company?

I've just seen a recruitment video for Prepaid Legal. The company sells, essentially, legal insurance - a prepaid service that covers potential legal fees. Their marketing strategy, though, reads ...
17
votes
10answers
1k views

What warnings would you tell a friend about to enter a multi-level marketing (MLM) business venture?

Imagine you had a friend who was about to join a multi-level marketing (MLM) business, despite your advice to the contrary. Another friend or family member had already convinced them the opportunity ...
19
votes
7answers
6k views

Why is the fractional-reserve banking not a Ponzi scheme? [closed]

Operating a Ponzi scheme is a crime which I suppose has some sort of definition in the penal code or criminal law. It is a fraudulent investment operation that pays returns to separate investors from ...
22
votes
3answers
44k views

Is the “Bank on Yourself” a legitimate investment strategy, or a scam?

There seem to be a lot of advertisements by "Bank on Yourself", promising to show how you can invest in a certain type of life insurance policy. Is this really a legitimate investment strategy, or ...
13
votes
4answers
480 views

Is there a website that lists the latest financial scams, similar to Snopes.com for urban legends?

It strikes me that if we, as a worldwide or nationwide community had a repository into which we could list our negative experiences or fraud, we could alert others in advance of them themselves ...
10
votes
4answers
736 views

Most common types of financial scams an individual investor should beware of?

We've probably all heard of the Ponzi Scheme, made famous first by Charles Ponzi and more recently by Bernie Madoff: In March 2009, Madoff pleaded guilty to 11 felonies and admitted to turning ...