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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


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

what was the old ladys name?

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.

Same thing jus happened to my family member someone deposited a mobile deposit in her account a check that later came out to be a fraud check.. the bank is making it seem like she did it wen she didn’t now she might be gettin a warrant out for her arrest for a crime she never committed because anything over 1,000 I heard is a felony smh any advice on things and his name was Peter Johnson he say he’s from speedy cash loans but I’m aware that was a lie to so any advice on it.?

Don’t feel bad. This has happened to me 4 + times now. HUNTINGTON BANK IS TRYING TO MAKE ME PAY $4000.00. back to them as if I deposited some kind of fraudulent wire check transfers? I didn’t have a clue they were even there!!
Our Government has to do something more about Identity Thfeft! My credit is ruined,!

I have a question this guy I’ve been talking to overseas he’s USA army.. His son got sick and has to transfer money to account that he wants me to transfer it for him.. He gave me everything account number routing number pretty much all his banking information that I need to transfer his money into another bank account so that somehow the hospital gets it so they can proceed the operation for his son .. what does this mean because in the back of my mind is saying don’t do it he not ones asked me for my bank account he gave me his I’m just don’t know what this means maybe someone can help me out

Some scammers use people to help them transfer stolen money. They don't tell you that the money is stolen - they tell a story to hide the reason for the transfer. They meet people online, create a relationship, and ask their new friend to receive and transfer money.

If you do this for a scammer, your name might be on the bank account, money transfer forms, or other documents. You may be helping a criminal. If you get involved with one of these schemes, you could lose money and personal information, and you could get into legal trouble.

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

I believe that you and I may be in the same scam. I signed up through an online dating site and he continues for one reason or another for me to send him credit card information. Is your guy in construction? Just curious.

I think that I have found my soul mate and what I think that I might have found instead is a scammer. How do you find out for certain.

On instagram there's a company called helping hands inc. That want my billing address dl information and account and routing number to wire transfer 10000 to My account is this a scam?

Scammers try to get innocent people involved in their schemes. Any legitimate business will have its own bank accounts and won't ask to use your name or your account for its transactions.

If you give someone your bank account number they can take your money, even if they say they're going to deposit money.

If someone you don't know wants your personal information and wants you to transfer money, don't do it.

Have u cashed money orders that don't belong to you this year.

Yeah I got arrested for it.

Arrested for what? Someone deposited funds into my account I'm hesitant to withdraw it

Did you meet someone online who asked to use your bank account? Some scammers meet people on dating sites, or pretend to hire them for jobs, and then ask to use the victim's bank account. The scammers transfer stolen money into your account, and ask you to wire the money out of the country. If you help transfer stolen money, you're aiding and abetting a crime.

Yes..I thought it was leggit..he said they were close an idiot I fell for it

This guy name David Knapp says I have winnings of 150.000.00 he says he is David Knapp government organization of south heaven Michigan bud at the end he tells me I have got to pay him 2000.00 up front first 1000.00 thousand for cases file and 1000.00 for delivered by ups

If you really win money, you will not have to pay to get it. Don't give anyone money if he promises you will get money. You will probably lose what you give him, and get nothing back.

I got cot in a scam about 2 months ago they called said I won money and a car, go to HyVee fill out some papers so I fall for it find out it was western Union and had to send money like I said that was two months ago still getting calls and over $5000.00 later still no cat or money. I keep telling my self no more then he calls say today its coming and I give in an send more money I know there is nothing I can do to get my money back because I'm sending it ti Jamaica

Some scammers will keep calling and calling. They hope you will believe their lies, and send more money. If you send money, they will keep calling. They will take your money until you have nothing left.

You can block the people who are calling you, and stop listening to them. You can help other people by calling Western Union and telling them what's going on. Western Union might be able to block the scammer from stealing money from other people.

You can help law enforcement too. Please report what happened to the FTC at The information you give will go into a database that law enforcement agencies use for investigations. You can help law enforcement track the scammer and work to shut him down.

Lol tell them to take the money out of what you win and just send you the rest, I get those all the time. It's kind of like when you get those scratch offs from a car dealer ship says if you get such and such number you will win such and such I don't even scratch I just pick my prize because I know it's gonna be a winner lmao.

I was just scammed by cashnet usa. They said i was approved for a loan of 8000 dollars so i call them the guy says ok to recieve this i needed to send them 300 so i did then he gives me some confirmation numbers and all of them were fake but one. The one number that was valid they said that it was already picked up in illinois. So he says ok listen idk whst happend but if you can send 100 more dollars i can send you your money. What do i do i sent 500 im a singlw father to 2 kids with rent an a car payment due.

Any up-front fee that the lender wants to collect before granting the loan is a cue to walk away, especially if you’re told it’s for “insurance,” “processing,” or just “paperwork.”

Legitimate lenders often charge application, appraisal, or credit report fees. The differences? They disclose their fees clearly and prominently; they take their fees from the amount you borrow; and the fees usually are paid to the lender or broker after the loan is approved.

For more information, please see the FTC publication, Advance-Fee Loans.

I've been dating this guy for bout An year his an African needless to say ,, any how the other day he ask me do I have a BOA account I said yea he ask if someone could put his consultant fee in my account I gave him my account in rounding number he knows my full name An my address he said that it would be cash nothing that would get me in any kinda trouble I'm a single mom of four kids please tell me he's not trying to scam me I move all my money from account is there anything a person could do with that info please help

Yes. Report to the FBI.

Aman I have been chatting with asked me to receive A money gram and use the money to send on to Africa.have I broken the law?

I got scammed from someone that was suppose to be in the the next city over & was doing business overseas. He led me on for 2.5 months then he was robbed, passport , ID, credit cards etc. all lies. The 13 pictures were all stolen off of a business website. I was taken for almost $8k . The bank account showing his supposing funds, plan tickets, hotel, receipts all carefully & diligently executed. I have an advanced degree & have done International business myself & I fell for the BS.


What if I cash it at a liquor store?


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