Avoid becoming a victim of a wire transfer scam by following a few basic tenets: Most reputable online providers will have up to date security measures in place to make sure your data and information is secure when sending an international money transfer.
There’s only one last task before you can get it: wire money for the application or taxes. Don’t be tricked into giving out any personal information.
Keep in mind that you will never be emailed by a legitimate bank, retailer or other service provider to confirm your personal information, financial details or password.
Here, we look at some of the most common online wire scams so that you can know what to look for and avoid being a victim.
You’ve found your dream apartment but are requested to transfer the first month’s rent up front.
Learn about credit card skimmers and how to keep your card safe.
To scammers, Western Union was one way to get to your wallet.
You could ask to meet in person, even if it seems impossible — their refusal will be a clear sign that they may not be who they say they are.
If you were emailed a photo, consider using a reverse photo search to see if you can confirm the name you’ve been given. Again, a clear sign that you’re dealing with a scammer.
Unbelievably, they’ll find a way even when the tables are turned.
You may have gotten a reply to your online auction with a check that’s for more than your item — with simple request for you to wire back the difference.
When choosing a provider, don’t be afraid to ask tough questions and compare your options to find the safest one for you.