Online dating scams regarding investments

Affinity Fraud Advance Fee Fraud Binary Options Fraud High Yield Investment Programs Internet and Social Media Fraud Microcap Fraud Ponzi Scheme Pre-IPO Investment Scams Pyramid Schemes “Prime Bank” Investments Promissory Notes Pump and Dump Schemes Information on the following frauds is available on the Commodity Futures Trading Commission website at the links below.Commodity Pool Fraud Foreign Currency Trading Fraud Precious Metals Fraud Affinity frauds target members of identifiable groups, such as the elderly, or religious or ethnic communities.The scam artist then instructs the victim to send a deposit or full payment via wire transfer to initiate the "shipping" process.To make the transaction seem more legitimate, the fraudster will ask the buyer to send money to a fake agent of a third party that claims to provide purchase protection.Investment scams prey on your hope to earn interest or a return on investment on the amount of money that you invest.The Securities and Exchange Commission (SEC) offers overviews of many common investment frauds, and tips to avoid being a victim.The fraudsters involved in affinity scams often are – or pretend to be – members of the group.

Examples include phishing scams designed to trick you into giving out your bank account details, hacking attacks and credit card fraud.An interested buyer, hopeful for a bargain, emails the fraudster, who responds saying the car is still available but is located overseas.Or, the scammer will say that he is out of the country but the car is with a shipping company.These include false promises of an inheritance, unexpected lottery or prize winnings, scratchie scams and requests for help to transfer a large amount of money out of a foreign country.Scams in this category include dodgy classified ads, false billing scams, fake online merchants and psychic and clairvoyant scams.

Leave a Reply