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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
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Money & Credit


I received a call saying i was approved for 2,000, he said that he is going to sent me first a small amount, so that they will know im able to pay them on time. So he did; he transfered $280 dls into my credit account.. i already freeze my cards, i still have the $280.. do you know whats going to happen next?
I hope nothin :$

Hi my husband has been told he's won a large amount of money of Facebook the person that has told my husband that he has won has put money in to my husband's bank account what happens if my husband takes the money out and spends it we are not sure if this person is a scammer he claims to be an agent from the Facebook lottery

If someone says you won money and asks for your bank account number, that is probably a scam. If you tell them your bank account number, they can take your money. If you didn't enter a lottery, you can't win a lottery. It's not safe to share your information with everyone who asks for it.

Hello I'm in South Africa and there's this guy I met in Facebook he started texting me and says he loves me and want us to be together so we started chatting and he sounds very genuine so it's been weeks now s in our conversations he starts asking if I have a car then I said not yet then he said he said what car do I like he will help me as he doesn't want me to stress about transport. So he said he spoke to his agent and they will manage to send me £35000 to buy a car and maintaining it till he comes in December. So I'm afraid to give him my account details coz this is too good to be true. What's the worst that could happen in this case?

is : DO NOT trust ANYONE online if they ask anything related with transfering money. If it sounds almost too good to be true, it is NOT true.

A felllow i have been corresponding w (and am pretty sure he is a scammer - I'm just trying to prove it) sent me a COPY of his Bank of Americs checking account showing his balances ($400+) in checking and $950,000+) in savings as proof and said the bank put hold on transferring his savings to checking & would i send $2500 and he would write a promissory note & pay back in 2 weeks! The copy of the BofA slip had logo but no BofA name on it! Seriously!

someone told me to send 250 via google play and now they have blocked my number. what can i do?

Just received an email from Mrs. Marie Goreth Mills, re: IMF/United Nation about a scam victim funds transfer. Is this a scam ???

Can they get your account info if they have you go on to their account to transfer money to your account but it don't go through cause you need cot code

Hi I have a woman on Instagram who was talking to me about Jesus Christ she has no post on her IG but told me that god is using her to help 5 people financially she then asked me to send her my full name , address , state and telephone number she claims she owns a crude oil company in Africa . Is this a possible scam??

Never, ever, ever, ever send money to anyone you don't truly know in real life and who you know to be the person you think, such a your real family or real friends. Also, never, ever, ever give anyone your bank account info. As a business owner we have scammers try to set up accounts, want to send us money via fishy wire transfer if we can just give our bank info, and who give card info that is from stolen cards.

In my personal life I get calls and emails from scammers, and I can tell you that anyone, yes, ANYONE who wants you to send money to some country or for some package, anyone you don't know in real life and know how to track them down, or anyone who begs to come home, send money, or whatever else that involves your secure information or any money transfer is trying to scam you.

Just think a minute! WHY would anyone trust a stranger to distribute money for him, would donate to strangers, would beg strangers (that means you don't know the person in person personally and you checked on him) for money or suddenly fall in love online? I can answer that for you! Because they want to take your money and disappear, for you to launder money for them and YOU end up in trouble, or they want your personal info to ruin you and take everything you have. Just don't do it.

No one gets stuck in jails and hospitals and airports and needs money from online strangers unless they are scammers, and if someone says s/he loves you and asks for money just don't do it!

If you aren't sure don't do it. Ask your banker, your family, or your accountant, lawyer, or financial adviser before doing anything financial that could be risky. I know several people, mostly older, who fell for these things and they are financially ruined while some horrible scammer lives it up with their money. Be safe rather than sorry. You aren't responsible for fixing strangers' money woes, and you can be held legally responsible for illegal actions they ask you to do.

I know a old lady that had been sending and receiving money for the last year that I know of she has sent 149 thousand dollars to Jamaica I know this is a scam ...she does it by western Union or no ey Gram she has gotten a lot of good people involved they have no idea it's a scam....what should I do?

I have a question I've been talking to this military man for a couple of weeks and talking about sending me some money but he's saying that is only can be a bank account or credit card they cannot load money into your prepaid card and they only allowed to send money to one person per month do that sound like scam

If someone you don't really know is asking for your bank account number or credit card number, that is not a good sign.

He might say he's going to give you money, but once you give him those numbers, he could take money from your account or run up your credit card account.

I've been texting with a gentleman who claims to be a US Soldier in Syria. I really fell for this guy and believed every word he said until now. He's claiming to have come across a large cash amount while on a mission and is asking me to pay a fee of $3200 so that he can send it to me.

That story about finding money or gold or some other treasure is a common scammer's story. Scammers tell the story to try and get people excited, and make them willing to send money. But really, there is no cash, or gold or treasure. If you send money, the scammer will keep telling you stories and keep asking for money, and you won't get anything.

I messaged someone over instagram about a money oportunity they had posted about and they want me to send an amount of money like 300 to receive 3000 and they get a cut and all they need is my first and last name and state where i live, they want me to transfer the money through western union is this a scam ? They say it’s completly legal and i wont lose money

It's never a good idea to send someone money because they promise to send you money. You don't really know their identity, or where they are, or how to reach them if something goes wrong. You can't be sure they'll send money back. You could end up losing all the money you send.

Also they claim to send the money back as cash

I have been talking to this guy online and I am in a bit of a financial situation. He said he loves me and wants to help with what I need $200 but then he said he wants to give me more so I'm okay. He wanted to send $1,500. He asked for my bank account number and routing. I said why you could Zelle or even PayPal he said no I want to build you an account so I can keep giving you money. Now he has said he wants me to do him the favor of sending money to my account and the extra he sends for me to go to Western Union to send to an associate of his as he's too busy to do it and he trusts me. He even asked for my online username and password. I smell a scam.

Yes, this sounds like a scam. First of all, if you tell him your bank account numbers so he can "send you money," he can also take your money.

Then, he could send you a bad check. If you see money in your account, and immediately withdraw money and wire it to his friends, his friends get money. But soon, the bank finds out the check is no good, and your bank balance goes down. You have to repay the bank for the money you withdrew. His friends got your money, and you have to repay the bank.

hello all,
i had an account in index option, the broker made 2500usd from my 300usd. then for withdrawal asked for taxes and insurance and other fee of about total 250$. i paid. they then made account for me in united bank and transfered money there. now for transfering the amount to my local bank another 135$ needed for cot code. and if did not pay on time, late fee will also be charged. has anyone experienced thus before. is it legit or scam?

Okay, so I have a question. I'm currently working a job where they send me Craigslist ads and I post them. Every once in a while my "manager" will have me download a different payment app to receive payments. Then I go to Wal-Mart or use bitcoin to transfer the funds to someone else. Payment is supposed to be $300/wk but I haven't been paid in 2 weeks but he has me handle up to $2200 for someone else. HELP! What do I do!?

I received a call from Justin green from lending club. He said he will deposited small amount check and I have to send him back then I will get 8000 loan?

So my bf got a call from Bridgestone financial service saying he was approved for $5000 but they needed $450 to send through moneygram and on top of that add fees with another fees. What you think it is?

so my girlfriend sells something online for a $100.00 the lady sends a check for a $1,000.00 says keep a extra $70.00 for running around and sent the rest via western union to someone in texas, so i say either deposit it and wait and see if it clears, call B of A and see, sounds fishy to me

Totally new fraud: Instagram.
I had a person contact me by “direct message” on Instagram presenting himself as a chief priest (enter long name) from west Africa. His profile looked totally legit and his messages were warm and friendly but got questionable when I agreed for him to help me with a spiritual cleansing. He told me to send him 200 by western union and since he wouldn’t provide me with a correct address he asked if I would send it through Moneygram, worldremit, or a credit union. He was very adamant about getting the money and quick. He even asked that i sent in an extra 100 to protect my family. Since I was having a hard time getting the money I got a random call through WhatsApp (the way we communicated) from a girl In Michigan (who so happened to work at a bank) - very weird - I blocked all contact and got to keep my money. It’s the holidays for goodness sake. When in doubt go with the intuition. When your comfortable you don’t have to question why the person is giving you the run around or going by a different name when it comes to sending money.

So my cousin met this guy on he says he lives here in the city but is a contractor in Nigeria. So he wired her money via wenstern union and told her to send it to his business partner also in Nigeria, and though she'd have to pay the fee for sending it again, he'd pay her back. So she's been doing this for a while. Had me do it for her a few times till I asked a few more questions and unfortunately cought on faster than the is. Ahead been doing this for years now and is going to lose her house. So I'm wondering if this when qualifies as a acam because he did in fact send her money first, and how to report it so someone else can stop her from losing everything.

kloviaclinks com hack tools added $57,000 to my account.

Does anyone know of a scam where they put you on their bank account that's in a foreign country?


Hi, i was adding someone to follow I Twitter,I live Indonesia,and she messaged me that she is an old American widow that has cancer and will passed away by doctor diagnosed in two months,and she said she want to donate funds (10 millions us dollars)to me ,she give 40% of it for my needs,she wants me to use the money to help , orphan, people get cancer etc,she just send me message from email,she said she is in the hospital and can't pick up a phone due to Her condition and only can in touch by Her nurses computer,how about this ,is this a scam??She send me a long mail which full of God's words and words of wisdom

I tried to do a western union transfer, gave them 300 dollar, got the mtcn tracking number and was told to get the money. I track it online, but nothing comes up so I emailed them. They got mad and told me I wasnt supposed to that because its stolen funds and is now being flagged. So now they are stating me to send them more money to erase my data so I wont get in trouble
Should i be scared? I haven't got the money or anything. I just did it because of all the reviews on the website

Is reffortet a scam

I've been asked to wire $300.00 to a Adashie Simon Ashitei, loctaion: Accura Ghana, Question: In God, Answer: We Trust, is this a scam?

its a scam

i have a soldier working in peace keeping an american wants me to open bank account so he can give me money he wants my log in details, is this legal?

HI I would like to ask I applied loan thru a company but found them involved in fraudulent activities and my name is tagged in scam list, anything I can do to remove my name from the list?

I have a question:
I had been talking to a man online and he said oh I love u. I need you to send money that I will send through money gram. And he wanted me to take 20.00 out of 300.00 and send the rest to a person in S. Africa is this Legal? And if the money was never sent to Africa what can or could he do?


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