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Don't wire money to someone you don't know.
Questions to ask before wiring money to friends or family in another country.
Wiring money is just like sending cash — once it’s gone, you can't get it back. So don’t wire money to a stranger, or to someone you haven’t met in person — no matter what the reason.
Male VO: Wiring money: It’s quick. It’s easy. It’s… gone forever?
Wiring money is just like sending cash. Once it’s gone, you CAN’T get it back.
So don’t wire money to a stranger, or to someone you haven’t met in person.
In fact, you may want to think twice even when you DO know the person asking you to wire money. Scam artists sometimes hack e-mail accounts, and send out hard-luck stories using the name of a person you know. Confirm the facts of any story before you wire any money.
Remember – the reasons for wire transfers can be compelling – even heart-wrenching. But, once the money is sent, you can’t get it back… and, often, you can’t even track it.
So whether it’s to a love interest, or even to a name you know, confirm before you send.
When it comes to wiring money, exercise doubt and check it out… at FTC.gov.
A tip from the Federal Trade Commission, the nation’s consumer protection agency.
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