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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


I'm supposedly approved for a $8000 loan but have to pay $175 for the activation of my reference number and I'll get $8175 total back when I cash out. Yeah like I'm gonna send them the money. They said they are from CashNet USA. Roy Miller is his name. I mean scamming people is bad enough. It's even worse when you scam the needy.

Since my grandmother was scammed out of a total of $7000 and it is 2018, I guess Moneygram and Walmart2Walmart haven't done very much "step up anti-fraud programs"!

My husband and I were used and abused by Jamaican scammers big time for a period of 2 years. We worked hard for our money and we fell for it hook, line and sinker. They are very clever and convincing. They started out with Green Dot cards, then went to Western Union and then to Moneygrams. And did we get taken!! I know of no FTC actions that have taken place regarding they Moneygrams and Green Dot cards that they have investigated, but the Wells Fargo was settled, and we are hopefully receiving a very, very, small portion of what we were scammed of. My husband passed away on Thanksgiving Day 2016, so he never got to know we were actually getting anything back. Its not much but it will pay a couple of his medical bills for which I am thankful.

This guy i found on twitter referred me to a guy named Alfred Burger or mailingal fred@ and he said that he will tranfer me money then i go pull it out and drop it off to customers and i get 200 a drop but he needs to get into my account to give me money?? what do u think?

Some scammers recruit people to transfer stolen money. They  recruit victims with job ads that seem to be for legitimate jobs, but are not.

The scammer might ask to use your bank account, or to open a new account. Then he asks you to receive and transfer money. If you do, your name is on the bank account and on the money transfer forms.  If you get involved with one of these schemes, you could lose money and personal information, and you could get into legal trouble.

Did you report him to law enforcement officials?

Actaully a lady said me that she is dying of cancer and she want to transfer her fund to me so I would share it to poors.she says that she has an account in zenith bank and sent her cerficate of deposit to me.Now the bank ask me the ceertificate of deposit and my name ,address and bank account no.

Is it a scam.And what will happent to me if I sends all detail.

This may be a scam. Was this lady your friend for many years?

A scammer may pretend to share money, but first they ask for your name and personal information. Or they ask for your bank account number. Maybe they want to use your bank account to transfer stolen money. Maybe they want to steal your identity information to make new identity documents. Maybe they want to steal money from your bank account.

If this is a scam, they do not really have money. They talk about money to distract you.

How can I get my money back that was picked up by a potential scammer though money gram at. Walmart to Walmart

You can contact the MoneyGram Customer Care Center at 1‑800‑926‑9400.

Hi I met this guy a few months ago online.we started chatting and not long before we fell in Love.. he really loves me or so I believe but he keeps on sending me photos of other people and not of himself. I insisted he send me one of him but I'm not sure. We've been through a lot so now he's packing everything up in he's country to be with me. He spoke with he's accountant and he's attorney and he's bank to find out how he can transfer money into my account to buy a house in my country for him.what can I made out of all this I'm also very scared

Some scammers use people to help them transfer stolen money. They meet people online and form relationships, then ask their new sweetheart to transfer money for them. The scammer might ask you to use your bank account, or to open a new account. Then he asks you to receive and transfer money. If you do, your name is on the bank account and on the money transfer forms. If you get involved with one of these schemes, you could lose money and personal information, and you could get into legal trouble.

You could stop talking to someone on social media and block them. You could report them to the social media if they are breaking the rules of the platform.

Stay away from Personal Quick loans, I just lost $835, as this loan company deposited a check into my bank account. They stated I needed to send the funds back. I sent the money back through money gram. Now. I owe Wells Fargo $115, as they took the remaining from my pay check.

You can report this to the FTC at The information you give goes into a secure database that the FTC and other law enforcement agencies use for investigations. The comments you put here on the blog don't go into the law enforcement database.

If a lender says he is going to deposit 500 into my account as proof that i am who i say i am and that i have a store near me where i can send payments thru before they cam send me the 3000 is this a scam? He's going ro deposit 500 into my account and send back immediately as verification before i can get the 3000 am i being conned?

That sounds like a scam. If you go along with this, you could end up losing $500.

Here's how the scam works: the scammer sends you a bad check for $500 and tells you to deposit it, and send him back the $500 right away, probably by wire transfer, because it is hard to trace.

You go to the bank, deposit the check and send him $500, before the bank has time to completely clear the check. He gets $500 of your money.

When the bank eventually finds out the check is no good, you have to repay the bank. He never sends you the "loan."

Does anyone know the name Carla Kelly?
She said she answered a Craigslist ad of mine, which I didn’t have.
She wanted a “vendor” to send me money through WU and then send it back to her.

All of the comments I just read here have ALL happened to me! My money has been stolen from my Money Market, my Savings Account, and 3 checking accounts! My bank treats me like the criminal!! I have an FTC Identity Theft #, I actually have 2 Identity Theft. Complaint numbers. Let me tell you: The FTC does nothing to help me but sample letters and a page of laws. The Banks don’t care! They treat me like the criminal! I’ve started getting Police Reports on absolutely each incident. This has been going on for over 1 year with me! Good Luck They can’t find these losers???

Are Banks and Credit Union responsible for returning money to your account if wasn't authorized by the account holder?

If someone took money out of your account without your permission, talk to someone at your bank. If someone used your bank account or checking account number to take money out, you can report the identity theft. Go to

You can report the theft and make an identity theft report. You can use the report to help fix problems caused by identity theft.

Hi someone from united States e-mailed me about a deceased woman and her family who has a sum of money wereby he found my details according to him on the South African directory.he told his looking for someone who can claim the money.i have emailed a claim form to the bank as the next of kin of the deceased as the man told me to do. The bank required some documents of the deceased which the man e-mailed me and I have forwarded to the bank.the claim was approved bit the bank asked me to pay a £460.00 for transfer fees. I told the man about it and I have explained I don't have money to pay it he told me his worried because he made a loan to get the needed documents for the this true

This sounds like a scam. The scammer says you will get a surprise inheritance, but tells you to send money and share personal information. If you send money, you will probably lose the money. The scammer might use your personal information for identity theft.

If you think a bank is holding money for you, you could contact the bank yourself.

There has been so much scam on the internet that you may send money to a friend or relative and Money Gram or Western Union may refuse to allow the pickup. Then you have to go back to one of their agents and have them call MG or WU. Now they inform you your sister, son, friend are on their fraud list. You know they are not. Why didn't they red flag it when you sent it. Yes the internet is full of fraud, 30 year old women from Russia or elsewhere that want to marry an old man of 74. So beware

Has any one heard of global buisness Sweden? Sounds a lot like this but I filled out an I-9 W4 and signed a contract but still a little fishy and want to know if anyone has heard or felt with this company?

Hello I recently have gotten an email from a Sotrad company they faxed me the certificate saying they are legal to trade. Two days into training the sent me a check saying to cash it and send 90 percents and I can keep 10 percent. The woman on the phone said even if I return it the will charge me back the amount of the check plus mailing. Please someone help I know the thread is 2015 but I need help someone. The check is coming Monday or Tuesday. I feel like this is a scam it has happened to me this year already. They are threaten to fine me if I return it to the sender

Yes, this sounds like a scam. This woman says you must cash her check and send money to her. If her check is no good, you will lose money.

I just recieved this text today...sounds like a scam to me what do think? "Okay I work for bank of America and I work with the financial services and I have access to checks I can deposit in your account for free no strings attached we just split 60/40 also if eligible I can deposit up to 10,000 into your account also nothing falls back on you or account. Also we can do it every 30 days if u show me loyalty by sending my cut"

yes, oh god yes that would be a scam.

There is a work from home company called liveops INC and a representative asked me for my account number routing number and log in info and security questions for to send me my 100 sign up bonus and money to buy my mini office does a company need your bank log in to send you a wire transfer to you sounds like a scam but not sure

If you tell someone your account number, routing number, log-in and security questions, they can get access to your bank account and take all your money. They might say they're going to deposit money, but it could be scam.   

A legitimate business does NOT need any of that information to send you a paper check. A legitimate business does NOT need any of that information to send you money through a wire transfer company like Western Union or MoneyGram.

I have someone that contacted me wanting to purchase a wedding dress im selling, today he tells me his financier me the check out wrong and he will trust me to give the excess money to the person he has picking up the dress.. i feel this is some kind of scam... has anybody else been have thia happen to them ??

I am selling an antique on craigslist. The buyer agreed to the purchase plus shipping cost. The money arrived by wire transfer to my checking account today, only it was for $10,000 more than we agreed on. He says it was an error as he had a family crisis and got confused... Who gets confused enough to make a $10,000 error? Anyway, he wants the $10k back only to a lady's account in Florida??? The item was supposed to ship to California? It reeks of SCAM but if the money is really in my account??? Can he get this money back? It is recommended that I send it back to wherever it came from??? Can I find out where it came from?

If you gave him your bank account number so he could deposit money, he can use the bank account information to take your money. Talk to staff at your bank about keeping your account secure, and how someone can reverse a deposit.

Also get you to Buy Google play cards and read numbers to them . My friend sent $1500.00 like this.

This girl on facebook had me make a xoom and western union acct (with my address) and she gave me shipping details and a routing number and acct number to use, she claims im sending money to a worker in the Philippines and the acct belongs to the "Head boss" told her i was scared so i didnt do it

Someone wants to give me 5 million 600 thousand dollars for me to do alot of charity work & to help the poor before she dies from cancer. The money ws left to her from her husband who died and its in Kenya Africa. she said that the bank need my bank info addresses & account numbers, my drivers license or passport info, Plus I need to hire an attorney that then know in Kenya in order to send the money to my account. I gave them my savings account info it has 25.00 in it I told the bank that i would not get the attorney who they say that He will need the power of attorney from me to continue for the bank to continue to send me the money. I finally figured out that it is a scam. I hope that that is the end of this mess. Amen

I lost a lot of money but was able to retrieve it thankfully.

i am on a dating website and this man started contacting me sending me emails saying that i am beautiful and calling me darling and all this other names. he soon asked me if we could chat on whatsapp we chatted everyday. He told me he was in Jordan and 2 weeks after we chatted he tells me he loves me. I believed him. He told me he was a Medical Doctor working as a contractor on a military base. We even video chatted with him. He was fine. Well the other day he tells me that he does not have access to his money because of a security practice from his base. So one day he tells me he wants to transfer money to his friend who is opening a church in Africa. He even sends me a picture of both him and his friend. He tell me its only $47K and that i have nothing to lose because im poor and dont have anything to loose. He told me to trust him and that God is with us so we can do all things through Christ. So i gave him my bank account information like a dummy. I felt soo dirty after i did it. Well good thing my credit union did not allow him access. Then he calls me asking me for my credit card number so he can deposit the money into my credit card and sent to his friend that way. I deleted him and blocked him. But really all i was looking for was love. He told me his name was Dr. Jason Brown Simon.. and his name from the dating site was dareu69... he even sent me a fake bank account listing with a balance of over a million dollars. My heart is broken but I am not a fool.

I made a transfer to a scammer and the scammer was able to withdraw some of the money and left with 78,000 dollars after Bank of America detected fraud. I try to get the rest of the money bank that was left in the account and Bank of America won’t release the 78,000 dollars back to me . Please I need help .

Did he send you money or a check to deposit into your account? He might have sent you stolen money or a bad check.

If he sent stolen money or a bad check, the bank will investigate and find out. The money will not stay in your account.

When he withdrew money, he did not withdraw stolen money or the bad check. He withdrew your money. When you tell someone your bank account number, they can deposit money and they can withdraw too.

I have recived a e mail that ask me she have money and need to transfer to me by logistic courier servise.after i recive money i can get 40 precent and other money send to her .what should i do ?

If you get a surprise email and someone wants to send money for you to transfer, it is probably a scam. They might send you stolen money or a bad check.

If you deposit stolen money or a bad check in your account, it seems like there is a money in the account, but really, the deposit is no good.

If you withdraw money and send it to the scammer, you will lose money. Eventually, the bank will find out that it was stolen money or a bad check. All the money you sent is really money from your own account. The scammer did not lose money. You did.

Here's another problem: When you tell someone your bank account number, they can take money out of your account. They might say they will deposit money. But they might take money your money instead.

To be Named benefactor to receive $100000 money transfer from client to buy house. Needed I’d to start . Scam?

I lost 4000 because said send 3500 for this money or I’ll go to prison and I thought was real... then told me need yellow certificate now for 5k to get it all.. I’m so scared I’m talking to a lawyer I think I’ve been scammed...

I have a friend in South Africa who wants to transfer money from an inheritance to my bank account. I have not been told how much money he wants to transfer. He will need money sent to him for travel plans. My question is if I allow him to transfer the money into my account how will I know if this is legal transaction? If I sent him money back how long would I need to wait to make sure the transaction is legal? Should I open a different account with a small deposit rather then use my regular account?

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

If you do this for a scammer, your name is on the bank account and on the money transfer forms. If you get involved with one of these schemes, you could lose money and personal information, and you could get into legal trouble.


Other scammers send fake checks to their new friends. They ask the friend to deposit the check, and then quickly transfer funds overseas. It can take days, even weeks, for a bank to determine that a check is fake. If you transfer money before the bank has fully cleared the check, you can lose money.

If a bank finds out a check is fake, but you have already sent the money, you are responsible to repay the bank all the money you sent.

There are a couple of scammers on IG by the name of Alexander Elkhill and Alex Lorent they are asking to help them because Alexander says he is deployed in West Africa and is in need of money to come to the states to marry that beautiful woman he loved in a day so he asked for bank info and got very upset when being questioned Alex claims to be a surgeon who has his account blocked because of a client over paying him money which everything are lies and also thinking by saying I love you the woman will give in and give them money or their bank account carful on IG too many scammers out there

I just had a company call me saying they were ace and I got approved for a loan but the asked me for my online banking info so they can deposit money is this a scam

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

I recieved an email for 5000. And they sent me money and told me to send back. Then I would be approved. Anyone else ??


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