Forward dating cheques
The scammer pretends to be interested in the auctioned item as a present for someone else.The scammer says he wants to buy the car but as he’s out of town on business he’s wired payment via Pay Pal.They request more and more money until the victim cottons on … How to avoid them: How they work: In 2012, a group of fraudsters posed as representatives of a legitimate Japanese finance company.The group was using publicly available lists of shareholders to “cold call” investors.
A common ploy is claiming their account has been compromised and they direct the recipient to a fake, but official-looking, website to “fix” the user’s login details.
To finalise the trade, the scammer asks the seller to forward this extra money to a “shipping company”.
Unwittingly, the seller forwards money direct to the scammer (who promptly disappears).
How to avoid them: A scammer sends a spam letter to a list of people.
The scammer claims to be the representative of an estate or finance company – such as the “Chief Auditor of Lloyds Financial Services” – who is trying to track down the beneficiary of a will.