What is money transfer fraud or wire transfer fraud?
Money transfer fraud or wire transfer fraud both occur when scammers convince consumers to wire them money. Here are warning signs of money transfer fraud:
Someone you don’t know asks you to wire money.
Someone asks you to deposit a check and send them back a portion of the money.
Someone pretends to be a friend or relative and calls in a crisis, asking you to wire money right away.
Someone tells you you've won a prize or contest that you don't remember entering, and asks you to wire money to pay fees, taxes or customs.
