Current Status

This blog is not frequently updated because most case-by-case scam reports are now listed in subordinate blogs. At this point in time, most of my efforts are targeted at documenting employment scams in the Suckers Wanted blog.

2007-10-10

News: Fake Checks are a Multi-Billion Dollar Business

According to a Reuters report, "an international crackdown on Internet financial scams this year has yielded more than $2.1 billion in seized fake checks and 77 arrests in the Netherlands, Nigeria and Canada." This is one of the possible frauds behind the "money mule" job scams I report at Suckers Wanted.

2 comments:

Monty Loree said...

Hello,

I recently did an interview/podcast with a lady who figured out what the advance fee loan scammers were doing and got her money back.
http://www.canadian-money-advisor.ca/archives/2007/10/sherri+almost+gets+scammed+by+advance+fee+loan+scam.html

Also, I did another interview/podcast with a fellow who was scammed out of $2000 with an advance fee loan scam.
http://www.canadian-money-advisor.ca/archives/2007/10/kenworth73+talks+about+getting+scammed+Out+of+2+000.html

These are very interesting as they tell more of a story than what we can write in blog posts.!!

Monty Loree said...

Also, fakechecks.org was just launched and is a good source!