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Silence is fraud's best friend.  Word of mouth is fraud's worst enemy.  Pass the word!TM

 

 

How to really verify a check

Your ID Theft Prevention To-Do List

What to do about threats from scammers

 

 

For our flow chart of a Payment Processing Scam, visit our partner site .NextWebSecurity

Payment Processing Schemes Flowchart

 

 

Western Union and MoneyGram were designed to send money to friends and family, not to send money to strangers.

Once the money is picked up, it is gone forever.

NEVER WIRE MONEY TO A STRANGER!

 

     

 

 

The Truth vs. The Scam: Payment Processing, Re-shipping, Forwarding Scams

 

Work at home processing or reshipping checks, money orders, envelopes, and/or merchandise; receiving money wired into your account; writing checks on somebody else's account; secret shopper jobs; forwarding cash received in a package, by mail, by Western Union or MoneyGram; and receiving credit cards or gift cards from a foreign employer or someone you met online.

 

 

1. The Scam | The Truth: 2. Overview 3. Forwarding packages and/or payments 4. Money wired into your account & re-wiring Western Union or MoneyGram payments 5. Writing checks and forwarding checks and sealed envelopes 6. Secret Shopper jobs and forwarding cash 7. Receiving credit cards or gift cards

 

  THE TRUTH about money wired into your account and re-wiring money received by Western Union or MoneyGram

 

 

If you have engaged in any of the actions described below, go to The Scam Victim's Solution Center menu to see how to deal with your specific situation.

Money wired into your account 

Any bank anywhere in the world can wire money to any other bank in another part of the world with no problem.  Money wired bank-to-bank is the same as cash. 

Any money you receive by wire into your bank account or credit card account that pertains to your "job" has been stolen from another account holder whose bank account has been invaded by hackers or whose credit card information has been stolen either by hackers or by credit card thieves on the street. 

When the scamployer ask you to open an account at a specific bank, you can be certain that whatever funds you receive were illegally obtained from another account at the same bank.

Important: Read about account holder responsibilities and the truth about "funds available" here.

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Re-wiring money received by Western Union or MoneyGram

You have to ask yourself: why would anyone need to have money re-wired that's already in a wire transfer system?

No legitimate employer would ever ask an employee to wait for money to arrive at a Western Union or MoneyGram office and immediately wire it back out to an individual. 

You see, Western Union and MoneyGram are designed to be used to send money between private individuals, not companies.  There's no proper tracking when funds are transferred in this way, no proper money trail in the corporate sense, and no accountability.  Once the money has been picked up at the other end it disappears into thin air.

A company can open a Western Union or MoneyGram account specifically to receive payments to that company - lending companies do this all the time.  For instance, it is a method that can be used for making car loan payments to the lending corporation and a specific account number is supplied for the purpose.

If you have been hired to re-wire money with no accountability and have sent off the money, you are engaged in theft and money laundering and are at risk of arrest, conviction, and jail. 

If you have engaged in any of the activities described above, go to The Scam Victim's Solution Center menu to see how to deal with your specific situation.

 

Writing and signing checks on someone else's account

You cannot legally write your name on any account unless you have properly identified yourself with the bank and have signed the signature card.

 

   

ALWAYS CONTACT THE ACCOUNT HOLDER'S BANK TO ASK IF YOU ARE LISTED ON THE SIGNATURE CARD

To be named a signatory on an account that is not your own, the account holder must clearly state that it is his or her wish that you be authorized to sign checks. 

To authorize you to sign on his account, the account holder must complete a new signature card which you must also sign.  Before your signature is accepted by the account holder's bank, you must present valid identification to the bank, just like the account holder had to do when he opened the account.

Signing someone else's check

To sign a check on an account that is not yours and on which you have not been listed as an authorized signer (see above) is a criminal act called forgery and you can be arrested, convicted, and sent to jail for committing forgery. 

To paste a person's signature on a check is a criminal act called forgery and you can be arrested, convicted and sent to jail for committing forgery.  A check is not valid unless the check itself has been signed.

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Forwarding loose checks and envelopes

Scammers will often send sealed envelopes and loose checks to their employee targets with forwarding instructions.

The loose checks, money orders, Traveler's checks, and other drafts are counterfeit and the recipients are other Payment Processing Scam and Overpayment Scam victims.

The sealed and addressed envelopes contain counterfeit checks and money orders - and sometimes cash - and the recipients are other work-at-home employment scam victims who have received forwarding instructions.

As stated earlier under Forwarding packages, when the scamployer asks you to spend your own money on shipping costs, in this case, to buy stamps and envelopes, don't think for a minute that you will be reimbursed.

When the scamployer provides a carrier account number, such as a FedEx account number, to cover mailing costs, the account number is one that has either been hijacked from a legitimate company (usually a large corporation) or one that has been paid for with stolen credit card information.

Scammers never spend their own money if they can help it, and they certainly never spend their own money on any of their victims.

If you have done any of the above, go to The Scam Victim's Solution Center menu to see how to deal with your specific situation.

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1. The Scam | The Truth: 2. Overview 3. Forwarding packages and/or payments 4. Money wired into your account & re-wiring Western Union or MoneyGram payments 5. Writing checks and forwarding checks and sealed envelopes 6. Secret Shopper jobs and forwarding cash 7. Receiving credit cards or gift cards

 

 

 

 

 

We are not attorneys and don't pretend to be.  In our experience, the information and guidance offered on this site have proven to be effective; however, we always recommend that you consult with an attorney.

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