Advance Fee Scams

Advance Fee Scam.....Dont't be a Sitting Duck!!!!
Advance fee loans are usually, if not always, empty promises of a personal or business loan requiring payment of a fee in advance. Fraudulent advance fee loan schemes generally prey on vulnerable consumers — the unemployed, those who have bad credit ratings, or those in immediate need of money for emergencies.

Ads promising "money to loan . . . regardless of credit history" lure consumers into paying fees that range from $25 to several hundred dollars, in advance of supposedly receiving loans that are "guaranteed."

The fee may be called "processing", "application" or "insurance". While legitimate lenders may require you to pay application, appraisal, or credit report fees, these fees are never required before the lender is identified and the application is completed. In addition, the fees are generally made payable to the lender, not the broker or arranger of the supposed "guaranteed" loan or extension of credit.You never receive the promised loan and never hear from the loan company again.The address they gave is false.The telephone number is quickly disconnected after receiving the money from you.These are typical loan scams.A lot of the loan scam sites seem to only last a few days before they are taken down. A great deal of personal information is requested to be entered into these online loan forms. This information could then be used for unlawful purposes such as highly targeted spamming via email, surface mail and telemarketing. The information could also be sold to other spammers. If enough information is provided, scammers might even be able to steal the person's identity.

In the U.S. it's against the law to ask for money up front to help obtain a loan. The money must be in your hands for seven days before payment can be requested. This is the same for either a direct loan or through a third party.

If you want to know more about a company you are dealing with go to the Better Business Bureau online and do a search or send them an email on that company including the address.They can tell you if the company gave a false address and phone number and if there are any complaints against them.I recently dealt with a website where all the information on the website was false including the address,email,telephone.There have been numerous complaints filed at the Better Business Bureau for advanced fee scams.

Another indication of a scam is I checked the whois database for a website and found out they had just created the website no more than 30 days ago so there were no reports on the internet or with the BBB..pretty slick hmmmmm...It looks like they know they will be caught so they make their move within the 30 days the website is up.Once reports start coming in the website is promptly removed and repackaged with an new name....thus erasing the past history on the internet and other agencies.These scammers get to run the same scam all over again just by changing the name.....how simple yet affective.....I ran across one advance fee scam website that had changed it's name 178 times!!!!!!!!!!!!!
Rule 1) No legit lender requires you to send them money first in order to secure a loan.
Rule 2) Never forget Rule 1!!

TAKE HEED!!!!
Do a search on a search engine using the term lending group scams and you will see a long list of advance fee scam websites.The names are different but the scam is the same.

Person to Person Loans...How Touching!!!!!
These scammers only goal is to separate you from your money and you will NEVER SEE A LOAN!!!!!This is a peer to peer lending scam.This is the same thing as the advance fee loans scams with a personal twist.Instead of dealing with a fake bank you are dealing with individuals who supposely have money to loan.They prey on people with poor credit. This is an unrealistic scernio to start with..no bank will touch this.It is meant to play on your emotions.All I can say is I hope no one fell for this.Notice how they use god,trust and sympathy to sell this scam....this is a disgrace...is there nothing that is sacred any more?
This letter I received in my email would bring anyone to tears...

Hello,
I greet you in the Lords name. My name is Maria Coleman,a widow.I am a business woman who is engaged in retail trade and I also have Industrial companies in a few major cities in Europe.Sometime In 2003, an accident occured that took the life of my husband and 2 kids. After this had happened, I didn't think I would live another day, I thought it was the end of the world for me.I was a strict woman who was had hearted towards others, my life has now change since the departure of my family.I have thought of committing suicideDecember 2004, I was diagnosed of lung cancer. I now went to my pastor for prayer and advice on what to do with all of my wealth because I knew I had limited time to live. I was then adviced by him to make donations to charities, orphanages and also try to reach out to people who need help to get on with their life, including students, workers that don't earn enough to take care of themselves and their family, widows, woman, who are divorced single mothers and businessperson that needs financial assistance

This letter is hereby addressed to whom so ever is in need of help, please do contact me via email and let me know how I could be of assistance to you, and I would do my best to help. I have started a new life ever since I found God, it feels so good to be born again, if you are not, I suggest you turn to him for it is only God that can save you.Do get back to me as soon as possible.

God bless,
Maria Coleman
HOW TOUCHING!!!!!.....SCAM,SCAM,SCAM..........


Bank Scams....Dont't be a Doormat!!!!!
I have the feeling I will be writing to the end of time on internet scams.I think most people are familar with this email scam but if you are not heads up on this one.....you get an email supposely from your bank stating their is a problem with your account and they want you to sign into your account from the email..I have also gotten this email message from scammers:Your account has been suspended and compromised by email scammers! DONT FALL FOR THIS SCAM EMAIL either....their only purpose is to gain access to your userid and password.You don't even need to enter your information on the scammers' fake site to become a victim.These scammers play to two basic emotions to lure people in: greed and fear.More scammers are embedding data-stealing spyware that downloads to your computer as soon as you click on one of the embedded links in the email.

The scammer realizes that, although he's sending the scam out to thousands of people, and of those thousands, only a handful actually do their banking at the particular bank he's writing about, it only takes one or two bank clients to make him a good sum of money.The email NEVER came from your bank...best practice and get in the habit of doing this.....close your browser down completely and go directly to the website of your bank and log in from there or call the bank..never log into your bank from an email.Log out of banking and other sensitive online apps and accounts before going to other Websites; and be suspicious of any popups during a Web session if you haven't clicked on a hyperlink. If you look at the email address of this scam it is very close to your bank name but maybe one letter off...pretty slick I must say.These thieves get more cunning by the minute.....The FBI reported that their name was being used (yet again) in a campaign involving a typical Nigerian 419 scam..




Feel free to post your internet experiences here.Please no foul language,adult content,racist remarks....and no names....