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251 votes
Accepted

I received $1000 and was asked to send it back. How was this scam meant to work?

This is a very trivial scam. Flow is like this: Send money to Mr. X (you, in this case). Call Mr. X and ask for the money back, because mistake. Usually they ask for a wire transfer/cash/gift cards/...
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  • 128k
247 votes

Scam or Real: A woman from Facebook apparently needs my bank account to send money

Absolute scam. Any time anyone asks you to open a bank account so they can send you money and then you have to send some portion of it back to them, it's a guarantee that it's a scam. What happens ...
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197 votes

I received $1000 and was asked to send it back. How was this scam meant to work?

This is almost certainly a scam or a mistake. This is not good, spendable money: it is not yours to keep. Very simple to handle. Tell the bank, in writing that you were not expecting to receive ...
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172 votes

Is this person doing illegal money transfers?

She is laundering money for criminals, either knowingly or unknowingly. There are lots of ways to make a fraudulent money transfer from an account one does not own. Stolen credit card numbers, direct ...
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  • 21.6k
147 votes
Accepted

Bank claims debit card was physically scanned - half a continent away. What could have happened?

It’s possible your card was skimmed. This works by the scammer getting a physical swipe of your card, for example from a bogus attachment to a legitimate card reader, then making a duplicate card. ...
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  • 9,192
143 votes

Stranger sent me $12,100

This is certainly some variation of the overpayment scam There are many variants, but they usually start with a fraudulent payment of some type into your account. They payment may be a bad check, a ...
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141 votes

I believe this to be fraud — hired, then asked to cash check and send cash as Bitcoin

Absolutely a scam 100% chance. This is one of the most common scams out there. Here's how you will get ripped off. They send you a check which will deposit in your account Seeing the deposit went ...
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  • 51.3k
138 votes
Accepted

Scamming an investor by offering a quick sale of a property at her named price

It is not always easy to tell how a given scam will end up making money for the scammer. This is due to a lot of things, such as intricacies of paper trails, or story details that get passed on / ...
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111 votes

Is being asked to pay for business supplies via Bitcoin an employment scam?

This is scam. Companies do not offer jobs without qualifications. Plus asking you to pay by bitcoin is scam and can't be traced. Even bank transactions are difficult to recover. Don't transfer ...
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  • 56.6k
107 votes
Accepted

Scam or Real: A woman from Facebook apparently needs my bank account to send money

The other answers describe why this is highly likely to be a scam. This answer describes why you don't want to get involved, even in the unlikely case that it isn't a scam. I'm describing this using ...
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  • 1,242
105 votes
Accepted

Is there any danger of my neighbor having my wife's signature?

He COULD use the signature to forge her name on a check or a contract. Of course that would be wildly illegal. Just because she gave him the signature voluntarily (under false pretenses) doesn't mean ...
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  • 20.8k
105 votes
Accepted

Counterfeit checks were created for my account. How does this type of fraud work?

When this happens, your bank should give you your money back. Your bank will then recover the money from the bank that accepted the check, and that bank will then attempt to recover the money from ...
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104 votes
Accepted

Someone wants to send me cash by DHL. How's this scam supposed to work?

It looks like "shipment scam" mixed with "bait and switch". There are few ways you can get robbed: So the "DHL" (not really) will say they have cash for you but they need to be paid for handling (or ...
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103 votes

How do you send money when you're not sure it's not a scam?

The two basic rules for not getting scammed while apartment hunting are: Never sign the contract before you inspected the property in person Never pay money to inspect a property in person Carefully ...
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  • 21.6k
100 votes

Scam or Real: A woman from Facebook apparently needs my bank account to send money

Yes, it is a scam. Think about it: Why would a stranger offer to give you money? Why would she need you to pay her own employees? She wouldn't. It is a scam. You have more to lose than just the $...
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99 votes

Someone wants to send me cash by DHL. How's this scam supposed to work?

An uncle of mine fell for a variant of that scam last April. This is what happened in his case: He had a 2nd hand Apple laptop for sale for 250 Euro and advertised it on Marktplaats (the Dutch ...
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  • 941
83 votes

Scamming an investor by offering a quick sale of a property at her named price

A similar one that happened to me was someone offering to pay a $38K loan debt to me by quit-claiming a shared property deed we had (different transaction). So he was "giving" me his half of the ...
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  • 831
81 votes
Accepted

Is Saikyo Sakura Assets Holding a legit company?

If you had a 50%+ roi trading opportunity, would your first response be to patiently ring up strangers and sell it to them? Big hedge funds fight each other to outrun the S&P by a few percentage ...
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  • 5,718
80 votes
Accepted

Why does the introduction of chip & pin appear to be so controversial in the United States?

The way credit and debit cards work in the US, all liability for unauthorized purchases is on the card issuer and/or merchant, not on the cardholder. Customers have no reason to want measures that ...
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80 votes

Received a package but didn't order it

If you didn't order it, it's free Ohio -- like most states, the US Federal government and the UK -- has a law like this one: Ohio Revised Code 1333.60 Voluntary delivery of unordered goods ...
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79 votes
Accepted

Taxes when transferring money

I would respond to your friend this way: "Either you are planning to do something illegal, in which case I don't want to be involved, or you are planning to do something legal, in which case you don't ...
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  • 45.6k
76 votes
Accepted

Dealership wants more money years after vehicle is paid off?

If they have no idea what you are talking about, you could ask whether the dealership will send you a letter saying you do not currently owe them anything, nor have they charged off anything you owed. ...
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  • 28.5k
74 votes

Scam or Real: A woman from Facebook apparently needs my bank account to send money

Don't do it. If it's not the classic scam described in Daniel Anderson's answer, then it's probably money laundering. In that case, the woman would actually wire you money, which you have to wire to ...
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  • 838
73 votes

Is the apartment I want to rent a scam?

The two basic rules for not getting scammed while apartment hunting are: Never sign the contract before you inspected the property in person Never pay money to inspect a property in person Carefully ...
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  • 21.6k
68 votes

Ex-husband is trying to find out my banking info

Ask your lawyer if it makes sense to press criminal charges against your ex-husband and/or his girlfriend for attempted identity theft, harassment and/or fraud. Other than that you can only hope that ...
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  • 21.6k
67 votes

Friend sent me $6500 through his company and told me just to send it back

The most likely result is that you'll send your "friend" their money and they will disappear forever. A couple of weeks after you've sent the money, the bank will find out that the original deposit ...
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63 votes

I believe this to be fraud — hired, then asked to cash check and send cash as Bitcoin

Yes, it’s a scam. There are red flags all over it. Ask yourself whether you really think a huge multinational like Nissan would work in this way.
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  • 21.8k
61 votes

Is this person doing illegal money transfers?

What is she actually doing? Is it illegal? She is running some kind of scam and it is illegal. Quite often these are fronts. Generally people get suspicious if they haven't seen anyone. So you social ...
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  • 56.6k
61 votes

Why is my bank unable to track a direct transfer I made to another (fraudulent) account?

The other bank knows, but is protecting their customer's privacy Th fact that a routing number was needed says it is a completely different bank. Your bank is not privy to customer data at other ...
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59 votes
Accepted

Is giving my girlfriend money for her mortgage closing costs and down payment considered fraud?

With the standard "I am not a lawyer" disclaimer, consider this question: If you and your girlfriend split up sometime after purchasing the house but before getting married, would you expect her to ...
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