Wire recall scam
Wire fraud and wire fraud scams are a common cyber scam that one can fall victim to. Wire fraud scams are telemarketing frauds, wherein scammers utilize a short and to the point script, which often uses all capital letters, to get victims to listen to them. Usually, an aggressive and deceptive caller will ask victims if they have recently purchased or were notified about a new product. The script typically tries to trick victims into buying a product that they never sought nor asked for. The scammers will often give the buyer a quick and lucrative deal, while collecting the credit card information of the unsuspecting victims.
Protect yourself by doing the following:
Check out the claims yourself on the company’s website or by calling them on the phone.
Scammers use a variety of methods to rob their victims
– Don’t wire funds!
– Make them a part of your purchase first by transferring them first.
– Tell them you are sending money to ‘forget us’ account so that they can come to collect.
– Use email as a tool in getting yourself a better deal, for example, rather than buying on a website where you can speak with a real person, it’s best to buy on eBay where you cannot speak to a person at all.
– Make them a part of your purchase first by transferring them first. – Make them a part of your purchase first by transferring them first. – Use email as a tool in getting yourself a better deal, for example, rather than buying on a website where you can speak with a real person, it’s best to buy on eBay where you cannot speak to a person at all.
What is wire recall?
Wire Recall scam is a common wire fraud scheme that involves a scammer luring victims into wiring money in exchange for their order. The scammer (wanted as a Gentleman) calls victims and tries to intimidate the victims.
To avoid falling prey to such scammers, one must not only beware of emails, Whatsapp messages, phone calls, etc. A majority of such scams usually carry a graphic image that is intimidating and wants you to deposit money in a certain bank account or send your ATM card details. By understanding the Wire Recall Scam, one can protect themselves against it.
Prevention of Wire Recall
It is always recommended that one should never deposit money or send an amount via an electronic funds transfer or payment to someone over the phone. It is always better to be safe than sorry.
How to avoid wire recall scammers
Nowadays, scammers use various methods, including cell phones and cold calling, to find and strike fear into the hearts of unsuspecting individuals. They also employ various deceptive practices such as the use of telephone, email, text messages, or social media. And even if the tactics used by these scam artists are strange to you, you should not try to take them up on their offers without more information about the company.
Never give out personal or banking information to someone you don’t know and trust. Never send money by wire or money transfer, and never transfer money to someone you don’t know and trust. Never send any amount of money without receiving something in return. If you receive a suspicious telephone call from someone you don’t know, do not return the call.
Conclusion
One of the first steps to avoid becoming a victim of fraud is to be aware of common scam techniques. Keep yourself aware of other individuals or organizations that can be falsely claiming to represent an organization they do not represent.