Western Union warns of money transfer scams


Western Union, one of the world's most frequently used money transfer services, will begin warning its customers against possible fraud in their transactions. Persuading consumers to send wire transfers, particularly to Canada, has been a popular method for con artists. Recent scams include offering consumers counterfeit cashier's checks, advance-fee loans and phony lottery winnings.

More than $113 million was swindled in 2002 from U.S. residents through wire transfer fraud to Canada alone, according to a survey conducted by investigators in seven states. Western Union warns of money transfer scams

Linked by shanmuga Wednesday, 16th November 2005 10:19PM