Money Transfer Scams

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The U.S. Postal Inspection Service recently distributed thousands of checks totaling $46 million to people who lost money in scams that involved MoneyGram, a popular money transfer service.

According to law enforcement officials, from 2004 to 2009, MoneyGram turned a blind eye to scam artists and money launderers who used the company to commit fraud. During that time, tens of thousands of people in the U.S. lost money to a variety of money transfer scams, including fake lottery and prize scams, family emergency scams, and “guaranteed” loan scams.

How do these scams work? Generally, you get a call from someone who says:

  • you won a prize but you have to pay “taxes” on it
  • a friend is in trouble and needs your help
  • you can get a loan — even if you have bad credit — but you have to pay a small fee first

Whatever the pitch, the caller’s only goal is to get your money ­— not to give you something in return.

MoneyGram also agreed to step up their anti-fraud programs. Nevertheless, scammers continue to add new twists to old schemes and pressure people into sending money. Using a money transfer service is like sending cash ­— once you send the money, it’s nearly impossible to trace it or get it back.

Check out this video for more details:



Tagged with: money transfer, refunds, scam
Blog Topics: 
Money & Credit


Thanks fpr your help

There was some one in Malaysia who keep on calling me and asking me to pay a lot of money.Because there is a parcel send by frend of mine,i already deposite us dollar 1200,and i did not get the parcel and now they are threatening me to pay more money.

thats to bad youhave no recorse when thay have yourmoney your out it thay are big scum bags there is no pacage for you send the emails to the FBI in your town best of luck

Is there a way to claim enyrhing bk I'm dad of 4 and on benifets iv handed over 500 to fastcureyer express

You can report a scam to the FTC at Or you can contact your state Attorney General’s office about a problem.

HOW does CASH THAT IS SENT TO another US state VIA WESTERN UNION make it to another country???

The money is not meant for that state.... the person whom you are sending it also doesn't know that it is a scam.... they are told that the money they are receiving is for business which is in another country and they are given a small token so as they don't ask too many questions.
The money is then sent to the other country.... the person receiving the money from the other country is close to the scammer... could be a girlfriend. Reason to that it's because they don't to lose. Two things here.... the girlfriend might know that the boyfriend is a scammer or she doesn't know. She only knows that the boyfriend is receiving money from a distant relative.....

Can someome take your money if they have you online baking password and user name?

If they have your online banking password and user name, and they can get access to your account, they might be able to transfer money from your account to another account. Or, they might be able to use the money in your account to buy things, or pay bills. If you think someone got into your account, contact your bank.

I have been scammed. Talk to what i thought was a lady on ig about making more more money. Talk to her for weeks and decided to trust her gave her my info and she used mobile transfer and put money into my account and immediately took it out. Now 3 days later my account is overdrawn and in the negative all because i trust her later back fired. I contact my bank and they is now going to investigation is there a possibility that i have to pay all of the money back knowing its not my doings??

Do you have to pay all of it back or just what you spent

Yes u do have to pay it back i know because the same thing happend to me and now im stuck with a closed bank account a 900 dollar overdraft fee and was told i can no longer bank with suntrust bank again and the kicker is i cant even open another bank account anywhere eles now because of it

Please what is the name of this woman ? Miss_williams ?

I know all about miss Williams she did that to me. I even know her first name

Yep Mrs Williams screwed me also. Now I have to pay back over $1,000.00 to my acct. If I can't get it paid back in time they will close my acct and I can't open another checking account for 7 years.

What was her name

I just had the same thing happen to me. It turned out to be some African dude instead of the Ashley Owens I knew her as. My account is overdrawn by 1360. It sucks and my bank won't do anything about it because they suck

same thing just happened to me, but mine is over drawn by $8,000 and the bank is going after me when I do not have any of the money. I don't know what to do now.

Same here, have you found out anything else on what will happen because I'm so upset this fell all on me and the scanners walks free and the credit card holder wins too I need help finding answers. My bank is now overdrawn $9,000 which I seriously don't have

I have two small kids too and struggling for money we also handed over 500 how do we get money back I'm very heart broken

There are different ways to try for a refund, depending on how you paid. If you sent money with a wire transfer, contact the wire transfer company and ask them to stop the transaction. Usually when you send money by wire transfer you can't get it back.

If you used your bank account, contact your bank. If you gave your credit card number, contact your credit card company. If you gave out any account numbers, even if you can't get the money back, you may need to change account numbers to protect your accounts. Talk with your bank and credit card company.

This article about money transfer services has more information.

Thanks you saved me from a similar scam. Was thinking what's the worse that could happen. Didn't know that banks take so long to identify false checks. Banks give scammers too much time to do the scamming. Should go back on bank to tell customers withdrawls are ok before actual clear

Also got scammed but I was clever enough not to send $350, there was this old lady she told me she was dying of cancer and I had given her my personal details and she made me her beneficiary because apparently she doesn't have kids. So I gave her all my details she gave me her banking details then the bank she used told me that the money was in my name $5 000 000 and I had to pay $350 to unblock the account
How true can this be?

I just got scammed out of nearly 700 for a personal loan of 5000.00 the guy was very rude and when I said I want my money back he said I need a lawyer and they will deduct money out of my account for the loan because the money is in my name and pending for me to pay another 300 for insurance purposes and they are not able to get it back they call themselves Money today and Money network talked to a Derek foster if that is his real name I'm hurt I don't know what to do about my bills and kids school clothes

If you gave a scammer your bank account number, he can take money from your account. You could contact your bank and ask how to keep your money safe. Please report this to the FTC at

I just got scammed, or should I say I scammed myself! How could I be soooooo stupid! They are on Instagram advertising if you have a USAA account you can be awarded 10k to15k grant towards whatever you are doing whether Day Trades, Non-Profit anything.

They want you to open a USAA or BankOfAmerica account and leave it at zero so they can login and start the Grant Process... People like myself think at first, how can someone commit fraud on me if there's no money in my account? Well, they can overdraw the account!!!! Also, they can deposit fake checks and get you to send them their cut for the services through western union or money gram!!! Did I forget to mention, a few days later the deposited check comes back as a bad check and the money you sent the scammers are now negative in your account! SmH I can't believe my guard was down.

Thank you for warning people about this. You can help law enforcement by reporting it to the FTC at The information you give will go into a database that law enforcement uses for investigations.

I am currently going through the same thing, how did you recover from it?

The happen to me I lost my husband, and I was looking for Loan to cover some Medical bills, They keep asking me to send money, to cover fees, now I am out of a few thousand dollars, and is about to lose my home.They have my info bank acct. phone# address. I have phone # email and name from some of then WHAT CAN I DO PLEASE.

If someone has your bank account number, they can take money from your account. You can contact your bank and ask them how to protect your account.

If you sent money to get a loan, but it was a scam, please report it to law enforcement. You can report to the FTC The information you give will go into a database that law enforcement uses for investigations.

If you're having trouble paying your mortgage, call your mortgage servicer right away. If you are having a hard time reaching or working with your loan servicer, talk to a certified housing counselor. Call 1-888-995-HOPE for free personalized guidance from housing counseling agencies certified by the U.S. Department of Housing and Urban Development (HUD). Or, look online at

If you are an older person, go to BenefitsCheckUp helps you find state, federal, and private benefits programs available where you live. These benefits programs can help pay for prescriptions, health care, food, utilities, and more. You can also get help with tax relief, transportation, legal issues, or finding work.


So how did you fix this or what happenedV?

Hey how did this end with your bank?

May I ask what business it was

That is exactly what happen to me, pretend loan company deposited a fake check using mobile banking and tells me to send the money back to them to verify my account.

I fell for it and now I owe the bank what money I withdrew because of the fake check. I was so stressed out from bills and just stuff. It didn't occur to me that the check they deposit would be fake, I'm thinking its there money they are depositing so they want it back. Stupid me! I barely make enough to get by and now I have to figure out how to come up with 1,500.00 to pay the bank. I am so mad for falling for this.

You can help law enforcement by reporting the fake loan company. Go to and explain what happened. The information you give will go into a database that law enforcement uses for investigations.

I'm sorry to hear that, I'm in the same boat i met a lady on line starting talking over 4 weeks she made me believe i was special again i fell for it my hearts to big I'm going through a divorce with two kids i work week to week to survive, how can people do that its beyond me

Hey brun How are you I no how it feels to go through this but please Hun everyone and everybody is not the same maby next time ask for id photo if ;) I love kids I no what ur going through email me if you want to

We don't post personal contact information on the blog.

Agent from Malaysia called and told me to pay 3000 malaysian ringgit if I want the parcel from my friend who was from california.Is it a scam?

I paid to get a check through the post office and to this day I have not received nothing. I lost alot of money, thousands to be accurate.

Im actually a Marine Vet that did the same thing, I was dumb enough to fall for this and now im hurting big time for money. about to lose me house because of this stupid mistake.

Same here brother

I've nearly gone broke from this and they keep calling ... It's ruined my life. I don't know what to believe or who to trust. I plan on changing my cell number soon. I can't go on like this. I trust people too easily.

I just read your post and I feel for you. I feel for the same thing. I was scammed by IRS fraud. Stupid me, but non the wiser now. Did everything work out ok for you ?

What exactly is IRS Fraud? I have been hired by a company that I serve as middle man to collect their money and wire it to them for a monthly salary and commission. I just want to be sure I have not got involved with anything illegal?

Please read the blog Scammers Say Help Wanted.

It describes how scammers may use job ads that seem like they’re for legitimate jobs, but really are not. Law enforcement calls the victims who take those jobs ’money mules.’ If you get involved with one of these schemes, you could lose money and personal information, and you could get into legal trouble.

This could be true no daubt. But austerity has not begain and things are like that what if we loose everything as it will come,people will not only gun other because of a dollar but we shall eat human flesh. Look at what that man is saying all google account in one place this is how the but me in default for 6 years forcing me to be a business person when they know that they would not have the mind to imploy me for the reason that i did not attend qeens collage, or that in America of all nation. This dupes are connected to the third world. There are with the post cell sim card agencies.

All i know is that people who know you, gives your information. But in my own case, they are giving them wrong info therefor i will go on with my cause because i know what they want. They work with ebay too. Because i complained to all, no non of them was ready to open up rather i was told that whenever i want information about who calls me, i will pay for it. They don't even ask me if i have a job. These people use different names later you will find out that the person the showed his/her face, is not the right person. The have been using my name on business since 2010. And these people fight if you mistakenly speak ill about Jesus. That is my email but those using it with me, i don't know if the would let you get it.

it's just great. after reading several of these comments, i fear i am in a romance scam. i've sent no $ - i have none. i am often pleaded with to help him with sending $ someone else is sending me, etc. i continually say no. i refuse to participate in anything that is not clearly defined and proven honest and legal!!!

i think i am about to lose what i've had no real reason to believe isn't the absolute love of my life - my soul mate - this is making me feel ill. though i do not wish to hear this or believe it true, it is good that i have of course, but it will be never that i get over it. at my age and all the bad relationships in the past..... not good. thank you for the info.

Does he say he's in the military?

I also have someone trying to get me to send money through money gram for a computer. He tells me that he is a staff sergeant in air force. Is this similar to your case. Thanks


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