Money transfer and fake check scams explained
Scams where entities promise you money if you can deposit some money to "secure" it are known as money transfer scams and fake check scams. They go out of their way to make their premise seem believable, then run off with your money before you’re even sure what happened. Some mailers indicate you’ve been awarded upwards of a million dollars, although it seems that there are ranges of amounts these letters request you to pay out of pocket. Some letters advise you to seek financial advice for this large sum of money you’ve won. These letters also have a record of being a part of a sweepstake, where an actual winner has not yet been selected. By responding to such letters, you will likely find yourself in a chain of similar “winning” notifications, when in fact, you’ve won nothing more than junk mail and hassle.
What can you do?
If you receive any letter requesting personal information, a deposit of your money or anything else you believe could be a scam. The following tips can help you.
- Consult an Expert. If they are unable to verify a certain scam, they can put you in contact with someone who can.
- Report what you’ve received. Above you will find a link where you can report the fraudulent information you’ve been given.
The Direct Marketing Association's (DMA) Mail Preference Service (MPS) can also provide you some relief from unsolicited mail. You have the option of visiting their website or writing into them by mail to have your name and address removed from these mail lists for five years. This might not fix all of your unsolicited mail problems, as not all of the companies sending out the junk mail report through them. It can, however, provide some relief.
DMAchoice - www.dmachoice.org
Direct Marketing Association P.O. Box 643 Carmel, NY 10512