UP-FRONT PAYMENT SCAM
"Your mobile number has won a lucky draw!!!! Ask our teller / agent partner for more details."
You are asked to send money in return for some sort of prize; for example, a lottery, a holiday package or a pre-approved loan.
- Emails, letters, phone calls offering you an all-expenses paid holiday to Hawaii, Maldives etc.
- Emails congratulating you on winning the lottery. But first you will have to pay them a "small fee" to avail your prize, promising you that the reward is much greater than the fee.
There is an advertisement for a place to rent for, and that too for a very low price. But the "landlord" says they are out of the country on business or missionary work. But you can "wire them the first and last month's rent" and the "flat could be yours".
The Fake Loan Scam
You receive an email or a letter from a fake loan company, offering to loan you money. All you need to do is send them money through a "wire transfer to pay for loan fees", taxes, service fees, or advance payments.
After submitting a loan application, you are asked to wire processing payments to the lender and promised that the "loan will be processed shortly".
The Extra Payment Scam
Someone sends you a cheque or money order for something you are selling or as an advance for your services but the amount is more than it should be. All you need to do is wire the extra amount back to them.