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Moneygram Scam – Money Order Fraud

Many variations of Moneygram scams are being exposed to the public, and becoming the victim of one may not only cost you money, but you may also face criminal charges as well. So how do you not become another money order fraud victim? You first should understand what the fraud is, and the different variations [...]

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Tax Return Fraud

Tax return fraud is becoming a very costly problem with more than $5 billion in fraudulent returns thought to be filed and paid for the 2011 tax year. Tax return scams are very easy to understand, but apparently not easy to resolve. The scam occurs when someone commits identity theft, and then uses the information [...]

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Social Security Fraud – Social Security Scam

Many of us don’t think that we would ever fall for a social security fraud but it happens all the time. Many people don’t even know that they have been taken by a scammer until it is too late. You can protect yourself from being scammed by knowing some of the more common social security [...]

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Common Change Machine Scams

When most of us see a change machine we don’t think about fraud or a money making endeavor. While the average person would never think of committing change machine scams, it happens more often than you might realize. In fact, there are change machine owners who are losing millions of dollars per year! Where is [...]

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Law Fraud – Law Scam

There are a lot of different law scams that are being perpetrated all the time and new ones being created every day. The problem is that a lot of us don’t even know that we are being scammed until it is too late, and some of us never know that we have been scammed at [...]

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Federal Fraud – Federal Scam

Federal scams are those that would be investigated by the FBI or somehow involve the name of the federal government. There are a surprising number of federal scams each year, affecting an unknown number of people. The telephone was one the most common way in which these crimes were perpetuated, but now they are just [...]

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Tax Scam – Tax Fraud

Wherever there is the potential to make money there is the potential to be scammed and that is why tax scams are so prevalent today. In fact, the IRS releases what they call the “dirty dozen” each year, which are 12 common scams that consumers need to be aware of. Some of these scams are [...]

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Debt Scam – Debt Fraud

Debt scams are more common than you might think; in fact they are more prevalent than most people would even care to think about because it means that they could be at risk. Debt scams exist because so many of us are in debt and we dream of being rid of the debt, of resolving [...]

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IRS scam – IRS Fraud

It seems that every tax season a new IRS scam does the rounds and unfortunately a lot of people fall for the scam and have their personal information stolen. You can avoid falling for an IRS scam. Many people think that if they just don’t file their taxes online that they are not subject to [...]

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Refund Scam – Refund Fraud

Many of us may think that returning goods from a store is not illegal, but apparently if one returns goods one too many times then it may be considered a crime. This crime has been known as refund scam, refund theft or refund fraud. One may consider it as related to shoplifting. According to Webster’s [...]

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Wire Fraud – Wire Scam

Wire fraud is defined as attempting to defraud using electronic means, such as a computer or telephone. What must be proved is that the person knowingly and willfully devised or intended to devise a scheme to defraud. Since the advent of the internet, there are literally thousands of crimes that fall under the definition of [...]

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Bank Fraud – Bank Scams

Bank fraud is a crime that has been around as long as banks themselves. Anytime there is a large amount of money floating around, there are going to be people trying to figure out ways to get to it.In the United States, and most other developed countries, bank fraud is a serious problem that causes [...]

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Handkerchief Switch – Jamaican Switch

Handkerchief switch or Jamaican switch is a scam which was first seen on the southern coast of the United States over one hundred years ago. Handkerchief switch is a confidence game similar to the pigeon drop. It manifests in various forms, although all follow a similar pattern. The offenses normally employ at least two suspects. [...]

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Pigeon Drop – Found Money Scam

A pair or a team of swindlers work together to accomplish the pigeon drop. The key element is supposed found money which will be shared between the one who found the money and the victim (pigeon). The scam is normally committed on an older victim but can be committed on anyone. It is performed in [...]

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Affinity Fraud – Affinity Scam

Everyone, in some way or another, is connected to a group, association or community-based organization. Our interests, backgrounds, and other factors will naturally lead us to those affiliations that best serve our needs. Race, culture, and religious beliefs also play a role in identifying us as members of unique groups that we often come to [...]

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Accounting Fraud – False Bookkeeping

Accounting fraud habits seem to be popping up everywhere these days. Many small business owners feel that their companies are immune to accounting fraud for two basic reasons: they don’t have many employees, and the ones who deal with money are usually close to the owners. But regardless of size, any business is vulnerable to [...]

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ATM Machine Fraud – Cashpoint Scam

ATM Fraud or Cash Money Theft is as old as the machines themselves. It can have very devastating effects on the victims, still it is not considered as one of the major fraud threats. When you enter your credit card into an ATM machine and provide the proper PIN number you get directly linked to [...]

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Credit Card Fraud – Credit Card Scam

Credit Cards are a convenient payment method, although they do carry risks. Fraud with the use of stolen credit cards is committed for the purpose of obtaining goods without paying, to obtain unauthorized funds from a bank account or to sell stolen information further. Credit and charge card fraud costs cardholders and issuers hundreds of [...]

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Black Dollar – Black Money Scam

While this particular scam is usually referred to black dollar scam, actually any worldwide currency can be used for the act. The victim somehow has been involved into believing they can get rich quick through actual money laundering. Victims are conned to believe they literally can wash money. The con artists can be very charismatic, [...]

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Cheque Fraud – Cheque Scams

Cheque Fraud is one of the oldest types of financial crime. Even in our computer and internet technology era, many still prefer to pay by cheque or bankers draft. The cause of this is people do not trust computer technology and have misconceptions about online banking. This is understandable because of the fact most of [...]

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Western Union Scam – WU Fraud

If you run into a seller who only accepts Moneygram and WU as payment options you will see it is most likely a fraud. When you make a payment via Western Union you need a name, address and country of the receiver. The fraudsters will in many cases tell you that you can hide the [...]

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