A Recent Bank Scam BEWARE!!!
by CFN Volunteers
Just recently a CommonFolkNews reader provided to us information that they thought was suspicious and asked that we check it out for validity. This is what we have found so far.
Apparently a group of individuals are sending out the following documents to individuals in some of the hardest hit areas of the country attempting to take advantage of the desperation that so many Americans are facing in the eyes of a very serious and deep recession.
As with any good lie, or scam in this case, it all begins with some truthful information. Please refer to letter, check and envelope below. 1.) There must be some factual information which is usually covered and concealed with deceit and deception.
2.) A target, or the person to be scammed called the pigeon.
3.) A salesman.
This scam we believe goes down like this:
1st, there are two identities that must be comprised. One, the person with the juicy bank account, and two, the person to receive the funds on the other end once the scam has been carried out. Neither of these two persons need to know of one another and usually does not.
The scammer, takes the first compromised identity, in this case the person with the juicy bank account in Florida. The scammer then creates checks in this person's name and sends it to a pigeon. In this case YOU! with a letter including the instructions as the one below.
Instructions are detailed and ask that you act quickly by cashing this fraudulent check and send all but $200 to a person out of the country. In this case to a person in Canada who's identity has been compromised. You, the pigeon does so within the 2 day time frame.
Once the check is cashed and the money sent via money gram, the pigeon has been had! Days later you will be notified that you have been involved in fraudulent activity of which the consequences can be serious.
The bogus check and the envelope in which this package came in is displayed below.
The only thing about this scam is the account number from which the funds are being drawn from.
This content in no way is meant to teach or encourage any illegal activity. Information presented is only meant to inform the American consumer as to the types of financial scams that are lurking around your mail box coming to you in the form of a legitimate business deal or proposition.
When approached with such an offer, remember what Momma always said, "If it sounds too good to be true, then it probably is!"
For more information on these types of scams that has been identified by the U.S. government please click the link below: