A new take on an existing scam.....

How not to buy a brick in a box off the back of a truck.
ratbag
Posts: 1301
Joined: Sat Jun 05, 2004 12:11 pm

A new take on an existing scam.....

Post by ratbag »

...coming out of Canada, this time.
recently reported on the radio.
A 'lottery commisioner' contacts you by post, to tell you that you have won the Canadian lottery. Of course, you have to pay taxes and administration.
the twist is that they send you a cheque to cover your expenses - generally $5,000 canadian.
The cheques are real business cheques which have been stolen from legitimate businesses.
Once you bank the cheque, it may take 6 weeks to clear (or, in this case, not clear) through the international banking system
but - here's the kicker - in some banks, the cheque will show as 'cleared' after only one week while in others it shows as 'pending'.
In either case you are encouraged to send funds via western union, or some such transfer agency, to Canada.
Even if the cheque has been cleared by the bank, the Banks are able to wriggle out of responsibility and, so far, the Canadian authorities have had little success stopping the fraud.
Many of the victims have been pensioners who don't have access to e-mail and haven't been exposed to the e-mail versions of this scam
Rat